Dull sentiment in the bond market continues

By Wealth Trust Securities

The dull sentiment in the secondary bond market continued yesterday as most market participants persisted to be on the side lines. Limited trades were seen on the maturities of 15.10.21, 15.01.23, 15.03.23 and 15.09.24 at levels of 5.15%, 6.003% to 6.08%, 6.22% and 6.85% respectively. In secondary bills, July and October 2021 maturities changed hands at levels of 4.75% and 5.14% to 5.18% respectively.  

The total secondary market Treasury bond/bill transacted volume for 21 April was Rs. 36.81 billion.   

In money markets, the liquidity surplus was seen increasing to Rs. 137.46 billion yesterday while the weighted average rates on call money and repo remained mostly unchanged at 4.65% and 4.67% respectively. 

USD/LKR  

In the Forex market, USD/LKR rate on the more active one-month forward contracts were seen closing the day at Rs. 201.00/203.00 against its previous day’s closing of Rs. 200.00/202.00. 

The total USD/LKR traded volume for 21 April was $ 43.20 million.   

(References: Central Bank of Sri Lanka, Bloomberg E-Bond trading platform, Money broking companies)