Perpetual Treasuries suspension extended: CB

The Central Bank yesterday extended the suspension of Perpetual Treasuries from carrying out business activities for another six months to facilitate investigations being conducted by the Monetary Authority. 

The Monetary Board of 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 Ltd. (PTL) from carrying on the business and activities of a Primary Dealer for a period of six months with effect from 4:30 p.m. on 5 July 2020, in order to continue the investigations being conducted by the Central Bank of Sri Lanka, it said in a statement yesterday.