Bond yields remain stable amid subdued activity

Friday, 24 April 2026 04:42 -     - {{hitsCtrl.values.hits}}

  • Money market liquidity continues to increase

By Wealth Trust Securities


The secondary Bond market continued to see yields holding broadly steady for a fourth consecutive session, reinforcing the ongoing consolidation phase.

Market activity remained subdued as participants stayed cautious amid mixed geopolitical signals with most players adopting a wait-and-see approach in the absence of clear directional triggers.

Accordingly limited trades were seen on selected tenors. The 01.08.26 maturity traded within the range of 8.45%-8.40% and the 15.12.26 maturity traded within the range of 8.70%-8.60%. The 01.05.27 maturity saw its yield drop down the range of 8.89%-8.83%. The 15.10.29 maturity traded at the rate of 10.02% and the 01.03.30 maturity traded lower at the rate of 10.04%.  The 15.06.34 maturity traded at the rate of 11.19%.

The total secondary market Treasury Bond/Bill transacted volume for 22 April was Rs. 36.95 billion.

In money markets, the net liquidity surplus stood at Rs. 167.46 billion yesterday, increasing for a fifth consecutive day.  An amount of Rs. 182.06 billion was deposited at Central Bank’s SDFR (Standing Deposit Facility Rate) of 7.25% while an amount of Rs. 14.60 billion was withdrawn from the Central Bank’s SLFR (Standing Lending Facility Rate) of 8.25%.

The weighted average rates on overnight call money and Repos remained mostly unchanged at 7.71% and 7.72% respectively.



Forex market

The USD/LKR rate on spot next contracts was seen closing the day at Rs. 318.25/319.00 against its previous day’s spot closing level of Rs. 316.75/317.00.

The total USD/LKR traded volume for 22nd April was $ 52.25 

million.

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

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