Bloomberg says that, with the e-bond platform, Sri Lanka primary dealers now benefit from a flexible, commission-free dealing, trade capture and reporting mechanism, while seamlessly offering global investors and market oversight entities a real-time view of price quotations and market activity for Sri Lanka government securities.
The 12 participating Sri Lankan primary dealer firms on the e-bond platform include the Bank of Ceylon, Capital Alliance, Ceylinco Shriram Securities, Commercial Bank of Ceylon and the Employee Provident Fund.
Pubudu Champike of People’s Bank commented, with Bloomberg e-bond, in addition to the ability to enter my own orders, I can also ask for quotes from other dealers. The best bids/offers in the market are displayed prominently as well as the market depth. This price transparency and immediate trade reporting greatly enhances the efficiency of the Sri Lanka government securities.
