Excess liquidity eyeing Rs. 160 b level

Thursday, 23 April 2015 09:50 - - {{hitsCtrl.values.hits}}

Primary and secondary market yields continue to plunge

The surplus liquidity in the banking system was seen soaring to a 53-month high of Rs. 130.82 billion yesterday and is expected to increase above Rs. 160 billion by Friday on the back of Open Market Operation (OMO) maturities. Wealth Trust Securities said in line with this and continued buying interest across the yield curve, primary and secondary market yields continued to dip yesterday. At yesterday’s weekly Treasury bill auction, weighted averages were seen declining across all three maturities, with the 182 day maturity reflecting the sharpest decline of 18 basis points to 6.35%.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.