Secondary Bond market activity moderates

Tuesday, 2 December 2025 02:46 - - {{hitsCtrl.values.hits}}

By Wealth Trust Securities

The secondary Bond market opened the new trading week on a dull note, with activity remaining moderate as participants took a cautious stance in the aftermath of Cyclone Ditwah. Yields were seen edging up further on the short end of the yield curve, while on the long end, two-way quotes were observed widening.

In terms of the secondary Bond market trade summary, 15.02.28 and 15.03.28 maturities were seen trading at the rate of 9.20% and the 15.03.31 maturity at the rate of 10.00%.

The total secondary market Treasury Bond/Bill transacted volume for 28 November was

Rs. 2.95 billion.

In money markets, the net liquidity surplus decreased once again to Rs. 86.32 billion. An amount of Rs. 102.85 billion was deposited at Central Bank’s SDFR (Standing Deposit Facility Rate) of 7.25%, while an amount of Rs. 16.53 billion was withdrawn from the Central Banks SLFR (Standard Lending Facility Rate) of 8.25%.

The weighted average rates on call money and repo were registered at 7.95% and 7.96% respectively.

Forex Market

In the Forex market, the USD/LKR rate on spot contracts closed the day depreciating to Rs. 308.55/308.65 as against Rs. 308.05/308.20 the previous day.

The total USD/LKR traded volume for 28 November was $ 49.85 million.

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