Saturday Jul 04, 2026
Saturday Jul 04, 2026
Wednesday, 1 July 2026 00:05 - - {{hitsCtrl.values.hits}}
By Wealth Trust Securities
The secondary Bond market yesterday saw yields converge, between the durations of 4 years to 10 years, flattening the yield curve. Selling interest on the 4-year duration saw its yields increasing by around 5 basis points; while buying interest on the 10-year and 11- year durations saw its yields decline by the same margin. Activity levels and volumes traded were seen at moderate levels.
The 01.08.30 maturity was seen edging up to an intraday high of 11.35% from its opening low of 11.30% while the 15.10.30 changed hands within the range of 11.42% to 11.44%. On the longer end, buying interest saw the 15.03.35 maturity change hands from an intraday high of 11.85% to a low of 11.80% while the 15.08.36 changed hands at levels of 11.94% to 11.93%.
Meanwhile, Inflation or the Colombo Consumer Price Index (CCPI) saw its point-to-point increase to a three-year high of 6.8% while its annual average came in at 2.70%.
In the money market, the net liquidity surplus increased to Rs. 82.56 billion yesterday against the previous day’s Rs. 61.62 billion. An amount of Rs. 102.43 billion was deposited at Central Bank’s SDFR (Standing Deposit Facility Rate) of 8.25% as against an amount of Rs. 19.87 billion withdrawn from the Central Bank’s SLFR (Standing Facility Rate) of 9.25%.
The weighted average rates on overnight call money and Repos were recorded at 9.23% and 9.25% respectively.
Forex market
The USD/LKR rate on spot contracts was seen closing at the day at LKR. 336.00/336.30, appreciating from previous close of LKR. 336.40/336.70.
The total USD/LKR traded volume for 26th June was $ 91.15 million.
(References: Public Debt Management Office - Ministry of Finance, Central Bank of Sri Lanka, Bloomberg E-Bond Trading Platform, Money Broking Companies)
