Sunday Dec 15, 2024
Sunday Dec 15, 2024
Friday, 22 July 2022 00:00 - - {{hitsCtrl.values.hits}}
By Wealth Trust Securities
The secondary bond market rates resumed its downward trend yesterday as the liquid maturities of 01.06.25 and 15.07.29 hit intraday lows of 24.90% and 24.80% respectively against its previous day’s closing levels of 25.50/27.00 and 25.50/27.00. In addition, 15.01.28 was seen trading at a low of 24.50% as well.
The National Consumer Price Index (NCPI; Base 2013=100) for the month of June increased to a high of 58.9% on its point to point against its previous month’s figure of 45.3%. The annual average also increased to a high of 20.8% against 16.3%.
The total secondary market Treasury bond/bill transacted volume for 20 July was Rs. 46.21 billion.
In money markets, the weighted average rates on overnight Call money and REPO stood at 15.50% each while the net liquidity deficit stood at Rs. 436.10 billion yesterday. An amount of Rs. 286.88 billion was deposited at Central Banks SDFR (Standard Deposit Facility Rate) of 14.50% while an amount of Rs. 722.99 billion was withdrawn from Central Banks SLFR (Standard Deposit Facility Rate) of 15.50%.
Forex Market
In the Forex market, the middle rate for USD/LKR spot contracts was at Rs. 361.67 yesterday against its previous day’s closing level of Rs. 361.87.
The total USD/LKR traded volume for 20 July was $ 10.25 million.
(References: Central Bank of Sri Lanka, Bloomberg E-Bond trading platform, Money broking companies)
