Saturday Jul 04, 2026
Saturday Jul 04, 2026
Friday, 3 July 2026 00:08 - - {{hitsCtrl.values.hits}}
By Wealth Trust Securities
The secondary Bond market extended its rally yesterday as persistent buying flows from big-ticket institutional foreign buyers continued to dominate the session. The strong demand continued to compress yields, with buying concentrated mainly on the 15.10.30 and 15.03.35 maturities. The positive momentum subsequently broadened to the rest of the yield curve, albeit to a lesser extent. Activity and transaction volumes remained robust, with several sizeable block trades being executed.
The 15.10.30 maturity traded down the range of 11.35%-11.23% on the back of large volumes and aggressive buying interest.
Meanwhile, the 15.10.27, 15.03.28, 01.05.28, 01.07.28 and 01.09.28 maturities traded at the rates of 10.50%, 10.60%, 10.65%, 10.70% and 10.65% respectively. The 15.10.29 maturity traded at the rate of 10.97% while the 15.12.29 maturity traded down the range of 11.05%-10.95%. The 15.05.30 and 01.08.30 maturities traded within the narrow ranges of 11.15%-11.12% and 11.25%-11.23% respectively.
The 15.03.31, 01.10.32 and 15.12.32 maturities traded at the rates of 11.30%, 11.55% and down the range of 11.62%-11.55% respectively. The 01.11.33 and 15.06.34 maturities traded at the rates of 11.65% and 11.70% respectively. The 15.03.35 and 15.06.35 maturities traded within the narrow ranges of 11.75%-11.74% and 11.82%-11.80% respectively, while the 15.08.36 maturity traded within 11.92%-11.90%.
In the money market, the net liquidity surplus was recorded at Rs. 81.20 billion yesterday, wholly deposited at the Central Bank's SDFR (Standing Deposit Facility Rate) of 8.25%.
The weighted average rates on overnight call money and Repos were recorded at 9.21% and 9.25% respectively.
Forex market
The USD/LKR rate on spot contracts was seen appreciating and closing the day at the rate of LKR. 335.85/336.00 yesterday, as against its previous days close of LKR. 336.20/336.40
The total USD/LKR traded volume for 1 July was $ 132.50 million.
(References: Public Debt Management Office - Ministry of Finance, Central Bank of Sri Lanka, Bloomberg E-Bond Trading Platform, Money Broking Companies)
