Tuesday Oct 20, 2026
Tuesday Oct 20, 2026
Tuesday, 20 October 2026 05:59 - - {{hitsCtrl.values.hits}}
The secondary Bond market yesterday kicked off the fresh trading week with yields spiking on the back of aggressive selling interest. This carried over the upward momentum from the previous week. As a result, yields were seen closing higher across the yield curve. However, buying interest was seen providing a strong support at the elevated levels, which curtailed the upward movement and absorbed the selling pressure. Transacted volumes increased significantly at the elevated levels.
The 15.06.29 traded at the rate of 11.19%. The 01.08.30 traded higher at the rate of 11.55%. The 01.02.31 and 01.12.31 maturities traded higher up the ranges of 11.65%-11.75% and 11.82%-11.90% respectively. The 15.01.33 traded up the range of 12.15%-12.25%. The 2034 tenors saw the bulk of the action with the 15.06.34, 15.09.34 and 15.10.34 maturities trading up the ranges of 12.45%-12.48%, 12.35%-12.45% and 12.33% (earlier in the session) respectively.
In the money market, the net liquidity surplus stood at Rs. 125.42 billion yesterday. Of this, Rs. 87.20 billion was deposited with the Central Bank through its Standing Deposit Facility (SDF) at 8.25%, while Rs. 0.01 billion was withdrawn through the Standing Lending Facility (SLF) at 9.25%.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. 38.20 billion overnight at a weighted average rate of 8.75%.
The weighted average rates on overnight call money and repos were 8.99% and 9.05% respectively.
Forex market
The USD/LKR rate on spot contracts was seen closing the day depreciating to Rs. 331.60/331.70, as against its previous day’s close of Rs. 331.25/331.35. The total USD/LKR traded volume on 16 October was $ 92.07 million.
(References: Public Debt Management Office - Ministry of Finance, Central Bank of Sri Lanka, Bloomberg E-Bond Trading Platform, Money Broking Companies)
