Tuesday Oct 13, 2026
Tuesday Oct 13, 2026
Tuesday, 13 October 2026 02:32 - - {{hitsCtrl.values.hits}}
By Wealth Trust Securities
The secondary Bond market yesterday saw yields hold broadly steady with activity subdued ahead of today’s Bond auctions.
The 15.12.28 maturity was seen trading at the rate of 10.67%. The 15.10.30 and 01.12.31 maturities traded at the rates of 11.38% and 11.60% respectively. The 15.10.34 maturity initially traded up to a high of 12.20% before trading back down to recover to trade at the rate of 12.15%.
The details of the Treasury Bond auction due to be held today, 13 September are as follows. The round of auctions will have a total offered amount of Rs. 100 billion across three available maturities.
The auction will be comprised of: Rs. 20 billion from a 15 September 2029 maturity bearing a coupon rate of 11%; Rs. 30 billion from a 1 December 2031 maturity bearing a coupon rate of 12%; and Rs. 50 billion from a 15 August 2036 maturity bearing a coupon rate of 10.85%. The settlement for which will be held on 15 October 2026.
To recap: At the preceding Treasury Bond auction held on 11 September, the full offered amount of Rs. 150 billion was raised during Phase I through competitive bidding, with a bids received to accepted amount ratio of 2.58 times.
Maturity-wise, the results were as follows: The 01.08.30 maturity was issued at a weighted average yield of 10.83%; the 15.10.34 maturity was issued at a weighted average yield of 11.96%; and the 01.07.37 maturity was issued at a weighted average yield of 12.08%.
In the money market, the net liquidity surplus stood at Rs. 168.96 billion yesterday. Of this, Rs. 94.27 billion was deposited with the Central Bank through its Standing Deposit Facility (SDF) at 8.25%, while Rs. 0.32 billion was withdrawn through the Standing Lending Facility (SLF) at 9.25%.
Meanwhile, the Domestic Operations Department (DOD) of the Central Bank absorbed further liquidity through a series of repo auctions, mopping up Rs. 60 billion overnight at a weighted average rate of 8.72% as well as a 7-day term repo auction of Rs. 15 billion at the rate of 8.75%.
The weighted average rates on overnight call money and repos were 8.98% and 9.04% respectively.
Forex market
The USD/LKR rate on spot contracts was seen closing the day at Rs. 330.95/331.00, as against its previous day’s close of Rs. 330.85/330.95. The total USD/LKR traded volume on 9 October was $ 71.60 million.
(References: Public Debt Management Office - Ministry of Finance, Central Bank of Sri Lanka, Bloomberg E-Bond Trading Platform, Money Broking Companies)
