Tuesday Mar 18, 2025
Tuesday Mar 18, 2025
Thursday, 23 February 2023 01:29 - - {{hitsCtrl.values.hits}}
The Colombo Stock Exchange (CSE) yesterday announced the amendment of Trading Rules on the Over the Counter (OTC) Platform, where Repurchase (REPO) transactions in Corporate Debt Securities would be permitted between two eligible investors operating through the same Trading Participant.
The amended rules have been approved by the Securities and Exchange Commission of Sri Lanka and will be effective from 17 February.
Initially, the Repurchase transactions on the OTC Platform were permitted only between a Trading Participant and an eligible investor operating through such Trading Participant or between two Trading Participants.
The newly permitted transaction type ensures a minimum cost for both parties who engage in the Repurchase transactions.
The decision to amend the Trading Rule on the OTC Platform has been carried out by the CSE in response to the feedback received from the stakeholder institutions dealing in fixed income securities.
The amendment is an important step in the product expansion line-up of the CSE and is projected towards establishing a vibrant REPO market for Debt Securities listed on the CSE.
Last year, the CSE also made a downward revision of the transaction fee structure applicable to REPO transactions on Corporate Debt Securities carried out on the OTC Platform in order to encourage transactions which is a fixed percentage of 0.02% (per annum) of the transaction value.
Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.
Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.
