Sri Lanka, Sept. 24 -- The Colombo Stock Exchange (CSE) announced a revision to the transaction fees applicable to Corporate Debt Securities traded on its Automated Trading System (ATS) following approval from the Department of Fiscal Policy of the Ministry of Finance.
The approval, conveyed through the Securities and Exchange Commission of Sri Lanka (SEC), allows for a reduction in the SEC Cess applicable to Corporate Debt Securities transactions.
The revised CSE fees, CDS fees, and SEC Cess applicable to Corporate Debt Securities transactions would be 0.01% of the Transaction Value equally divided among the three institutions.
Brokerage fees for Corporate Debt Securities transactions carried out on the ATS of CSE will remain negotiable...