Monday Dec 15, 2025
Monday Dec 15, 2025
Wednesday, 17 September 2025 00:04 - - {{hitsCtrl.values.hits}}
By Wealth Trust Securities
The Treasury Bills auction scheduled to be conducted today will have a total offered amount of Rs. 75 billion, a marginal decrease of Rs. 2.00 billion over the previous week. The auction will be consisting of Rs. 12.50 billion on the 91-day, Rs. 47.50 billion on the 182-day and Rs. 15.00 billion on the 364-day maturities.
For context, at the weekly Treasury Bill auction held on 10 September 2025, weighted average yields remained broadly stable. The 91-day and 182-day maturities closed unchanged at 7.58% and 7.89% respectively, while the 364-day maturity eased marginally by 1 basis point to 8.02%. However, only 76.85% of the total amount on offer was raised, with successful bids amounting to Rs. 59.18 billion against the Rs. 77.00 billion on offer under the first phase of competitive bidding. This marked the third consecutive auction that fell short of the intended target. No additional subscriptions were made under the second phase for the second week in succession.
The secondary Bond market yields continued to hold broadly steady yesterday, remaining in a consolidation phase. However, the market continued to remain subdued for a second consecutive day, with activity and transaction volumes persisting at muted levels. Trading was virtually at a standstill for much of the day, apart from sparse transactions concentrated on a few selected maturities.
The 15.09.29 maturity was seen traded at the rate of 9.52%. The 15.06.35 maturity traded down the range of 10.93%-10.92%.
In secondary market bills, 13 March 2026 maturity traded at the rates of 7.95%-8.04%.
The total secondary market Treasury Bond/Bill transacted volume for 15 September was Rs. 1.80 billion.
The net liquidity surplus was recorded at Rs. 131.42 billion yesterday. An amount of Rs. 21.07 billion was withdrawn from the Central Bank’s SLFR (Standing Lending Facility Rate) of 8.25%, while an amount of Rs. 152.49 billion was deposited at Central Bank’s SDFR (Standard Deposit Facility Rate) of 7.25%.
The weighted average rates on call money and repo were registered at 7.86% and 7.88% respectively.
Forex market
In the forex market, the USD/LKR rate on spot contracts closed the day steady Rs. 302.07/302.17 as against Rs. 301.10/302.17 the previous day.
The total USD/LKR traded volume for 15 September was $ 39.67 million.
(References: Central Bank of Sri Lanka, Bloomberg E-Bond trading platform, Money broking companies)
