Saturday Nov 07, 2026
Saturday Nov 07, 2026
Friday, 6 November 2026 00:10 - - {{hitsCtrl.values.hits}}
By Wealth Trust Securities
The secondary Bond market extended its downward yield momentum for a fourth consecutive session, with aggressive buying interest driving yields sharply lower across the curve. The pace of the decline accelerated considerably, with steep reductions recorded across key maturities amid sustained demand.
Market sentiment remained supported by the sharp decline in global oil prices, with Brent crude falling towards US$95 per barrel, as the outcome of the US midterm elections and renewed optimism surrounding a potential diplomatic resolution to the US–Iran conflict eased concerns over further supply disruptions and tempered inflationary pressures. The broader easing in global Bond yields, particularly in US Treasuries and Indian government securities, further reinforced the positive sentiment. Market activity and transaction volumes surged, reflecting the strength of buying interest.
The 15.09.29 and 15.12.29 maturities traded in the ranges of 10.95%-10.80% and 11.00-10.90%.
On the 2030 segment, the 01.03.30, 15.05.30, 01.08.30 and 15.10.30 maturities traded down the ranges of 11.30%-11.00%, 11.35%-10.95%, 11.40%-10.95% and 11.40%-11.00% respectively. The 01.02.31 and 01.12.31 maturities traded down the ranges of 11.50%-11.00% and 11.55%-11.25% respectively. The 15.12.32 traded down the range of 11.75%-11.55%. The 15.01.33, 01.06.33 and 01.11.33 maturities traded lower at the rates of 11.80%, 11.85% and 12.00% respectively. The 15.10.34, 15.03.35 and 15.08.36 maturities traded down the ranges of 12.40%-12.00%, 12.18%-12.15% and 12.70%-12.25% respectively.
In the money market, the net liquidity surplus stood at Rs. 143.18 billion yesterday. A total of Rs. 115.42 billion was deposited at the Central Bank’s SDFR (Standing Deposit Facility Rate) of 8.25% as against an amount of Rs. 0.24 billion withdrawn from the Central Bank’s SLFR (Standing Lending Facility Rate) of 9.25%.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 mopped out Rs. 28 billion by way of an overnight repo auction at a weighted average yield of 8.75%.
The weighted average yields on overnight call money and repos were recorded at 9.04% and 9.12% respectively.
Forex market
The USD/LKR rate on spot contracts was seen closing at Rs. 332.45/332.50 yesterday, with the rupee strengthening against its previous day’s closing of Rs. 332.75/332.80. The total USD/LKR traded volume for 4 November amounted to $ 71.35 million.
(References: Public Debt Management Office - Ministry of Finance, Central Bank of Sri Lanka, Bloomberg E-Bond Trading Platform, Money Broking Companies)
