Secondary Bond market activity moderates; yields remain stable

Friday, 26 September 2025 00:02 - - {{hitsCtrl.values.hits}}

By Wealth Trust Securities

The secondary Bond market yesterday saw activity moderate, remaining at a virtual standstill for much of the day. However, yields continued to hold broadly steady with very limited trading action occurring in a narrow band. The secondary market closing two-way quotes reflected the market consolidation.

The 15.02.28 maturity was seen trading at the rate of 8.92%.

In secondary market Bills, February 2026 maturities were seen trading at the rate of 7.81%.

The total secondary market Treasury Bond/Bill transacted volume for 25 September was Rs. 13.38 billion.

The net liquidity surplus was recorded at Rs. 132.66 billion yesterday. An amount of Rs. 5.67 billion was withdrawn from the Central Bank’s SLFR (Standing Lending Facility Rate) of 8.25%, while an amount of Rs. 138.33 billion was deposited at Central Bank’s SDFR (Standard Deposit Facility Rate) of 7.25%.

The weighted average rates on overnight call money and Repo stood at 7.86% and 7.88% respectively.

Forex Market

In the Forex market, the USD/LKR rate on spot contracts closed the day steady at Rs. 302.50/302.55 as against Rs. 302.45/302.55 the previous day.

The total USD/LKR traded volume for 24 September was $ 104.93 million.

(References: Central Bank of Sri Lanka, Bloomberg E-Bond trading platform, Money broking companies)