CBSL extends suspension of Perpetual Treasuries

The Monetary Board of the Central Bank has decided to extend the suspension of Perpetual Treasuries Ltd. (PTL) from carrying on the business and activities of a primary dealer for a further period of six months with effect 5 January.

The move is in order to continue the investigations being conducted by the Central Bank.

The action is in terms of the regulations made under the Registered Stock and Securities Ordinance and the Local Treasury Bills Ordinance.