Wednesday Dec 11, 2024
Tuesday, 16 March 2021 00:00 - - {{hitsCtrl.values.hits}}
By Wealth Trust Securities
The fresh trading week commenced on a lethargic note yesterday as secondary market bond yields closed the day mostly unchanged on the back of moderate trades.
The maturities of 15.12.22, 15.07.23, 01.09.23, 15.12.23 and 15.09.24 changed hands at levels of 5.75% to 5.76%, 6.14% to 6.16%, 6.18%, 6.24% to 6.26% and 6.55% respectively. In the secondary bill market, May 2021 and January 2022 bills traded at levels of 4.88% and 5.10% respectively.
The total secondary market Treasury bond/bill transacted volume for 12 March 2021 was Rs. 3.75 billion.
In the money market, overnight surplus liquidity decreased to Rs. 156.56 billion yesterday in comparison to its Fridays level of Rs. 181.38 billion. The weighted average rates on call money and repo were registered at 4.54% and 4.57% respectively.
USD/LKR
In the Forex market, USD/LKR rate on the more active one-week forward contracts were seen closing day at Rs. 198.00/199.75 in comparison to its previous day’s closing level of Rs. 197.25/197.75.
The total USD/LKR traded volume for 12 March was $ 75.60 million.
(References: Central Bank of Sri Lanka, Bloomberg E-Bond trading platform, Money broking companies)