Saturday Jun 13, 2026
Saturday Jun 13, 2026
Wednesday, 10 June 2026 05:29 - - {{hitsCtrl.values.hits}}
By Wealth Trust Securities
The secondary Bond market yesterday saw rates edge up on selected tenors. Activity was seen at very subdued levels amidst the prevailing uncertainty and ahead of back-to-back T-Bill and Bond auctions.
The 01.05.27 maturity traded at the rate of 11%. The 01.07.28 maturity traded at the rate of 11.80%. The 01.03.30 and 15.05.30 maturities traded at the rates of 12.20% and 12.30% respectively.
The Treasury Bill auction scheduled for today (10), will have a total amount of Rs. 140 billion on offer. This will comprise of Rs. 65 billion offered on the 91-day maturity, Rs. 55 billion on the 182-day maturity and Rs. 20 billion on the 364-day maturity. This is below the maturity in line with the scheduled auction, which is estimated to be approximately Rs. 170 billion.
To recap at the weekly Treasury Bill auction conducted last Wednesday, rates increased across the board for the third consecutive week. Accordingly, the weighted average yield on the 91-day Treasury Bill rose by 48 basis points to 9.84%, while the 182-day and 364-day tenors increased by 33 basis points and 19 basis points to 10.01% and 10.02%, respectively. These yield levels represent the highest seen in approximately 87 weeks, since early October 2024.
The auction was undersubscribed, with only Rs. 111.16 billion raised during the first phase of competitive bidding against an offered amount of Rs. 140 billion, representing a subscription rate of 79.40%. Total bids received amounted to 1.52 times the offered volume.
In money market, the weighted average call money rate remained above 9% for a ninth consecutive day, recording at 9.18% yesterday, while weighted average REPO rate stood at 9.22%.
The net liquidity surplus was recorded at Rs. 59.18 billion. An amount of Rs. 86.73 billion was deposited at Central Banks SDFR (Standing Deposit Facility Rate) of 8.25% as against an amount of Rs. 27.54 billion withdrawn from the Central Banks SLFR (Standing Lending Facility Rate) of 9.25%.
Forex market
In the Forex market, the USD/LKR rate on spot contracts closed at the rate of Rs. 337/337.75 as against the previous day’s closing of Rs 337/337.35. The total USD/LKR traded volume for 8 June 2026 was $ 47.75 million.
(References: Public Debt Management Office- Ministry of Finance, Central Bank of Sri Lanka, Bloomberg E-Bond trading platform, Money broking companies)
