Transparency of Sri Lanka's government securities market further improves

Monday, 19 September 2016 - 10:39

Transparency+of+Sri+Lanka%27s+government+securities+market+further+improves

The Central Bank of Sri Lanka says that the transparency in government securities market has improved further as the commercial banks have joined the Bloomberg electronic bond trading platform for government securities secondary market transactions with effect from 15th of September.

All primary dealers joined the platform on 01st of August 2016.

Therefore, the Central Bank said that now all primary dealers and banks undertake trades among them in the platform and report all over-the-counter outright deals with investors of 50 million rupees and above within 30 minutes.