Central bank extends Perpetual Treasuries suspension by 6 months

Sri Lanka
By Editor_1

COLOMBO – The Central Bank of Sri Lanka has decided to extend the suspension of Perpetual Treasuries Limited (PTL) from carrying on the business and activities of a primary dealer for another six months, with effect from January 5.

The central bank said that it extended the suspension under the Registered Stock and Securities Ordinance and the Local Treasury Bills Ordinance, “in order to continue the investigations being conducted”.

“The Central Bank of Sri Lanka, acting in terms of the Regulations made under the Registered Stock and Securities Ordinance and the Local Treasury Bills Ordinance, has decided to extend the suspension of Perpetual Treasuries Limited (PTL) from carrying on the business and activities of a Primary Dealer for a further period of six months with effect from 4.30 p.m. on 05th January 2026, in order to continue the investigations being conducted by the Central Bank of Sri Lanka.”

Perpetual Treasuries, a central bank-licensed primary dealer in government bonds’ activities, was suspended on several occasions after a bond scam that ran between 2006 to 2016 came to light.

-economynext.com

Editor_1
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