Bond market starts off week on a quiet note

Tuesday, 6 October 2026 06:31 - - {{hitsCtrl.values.hits}}

By Wealth Trust Securities

The secondary Bond market yesterday was at a virtual standstill apart from a few sparse transactions. Yields were seen holding steady and consolidating at prevailing levels. Activity and transaction volumes were seen at very subdued levels.

The 15.10.28 and 01.08.30 maturities traded at the rates of 10.53%-10.51% and 11.15% respectively. The 15.10.34 maturity traded at the rate of 12%.

In the money market, the net liquidity surplus was recorded at Rs. 177.45 billion. Rs. 82.11 billion was deposited at the Central Bank’s SDFR (Standing Deposit Facility Rate) of 8.25% as against an amount of Rs. 0.17 billion withdrawn from the Central Bank’s SLFR (Standing Lending Facility Rate) of 9.25%. In addition, the Domestic Operations Department (DOD) of the Central Bank of Sri Lanka absorbed Rs. 60.50 billion via an overnight repo auction at the rate of 8.75%, Rs. 35 billion via a seven-day repo auction at the rate of 8.75% and Rs. 30 billion via a 31-day term repo auction at the rate of 9.13%.

The weighted average yields on overnight call money and repos were recorded at 8.99% and 9.05% respectively.

Forex market

The USD/LKR rate on spot contracts was seen closing at Rs. 330.60/330.70 yesterday, with the Rupee holding steady against the USD compared to Rs. 330.59/330.64 recorded on the previous day.

The total USD/LKR traded volume for 2 October amounted to $ 75.30 million.

(References: Public Debt Management Office - Ministry of Finance, Central Bank of Sri Lanka, Bloomberg E-Bond Trading Platform, Money Broking Companies)