Friday Oct 03, 2025
Friday Oct 03, 2025
Thursday, 5 June 2025 03:38 - - {{hitsCtrl.values.hits}}
By WealthTrust Securities
The weekly Treasury Bill auction conducted yesterday was fully subscribed, the entire Rs. 167.50 billion on offer successfully raised in the first phase in competitive bidding. The total bids received exceeded the offered amount by 1.99 times.
The weighted average yield rate on the 182-day tenor declined by 4 basis points to 7.77%, and the 364-day tenor also fell by 4 basis points to 7.94%. However, the weighted average yield rate on the 91-day tenor remained steady at 7.55%.
The Phase II subscription for all three tenors is now open until 3 p.m. of business day prior to settlement date (i.e., 05.06.2025) at the WAYRs determined for the said ISINs at the auction.
Meanwhile, the yields on Secondary Bond market yesterday continued to decrease for the second consecutive day, supported by the impressive auction outcome where weighted average rate on 364-day bill was seen decreasing further. Market activity and transaction volumes were seen at healthy levels.
The 15.12.26 maturity was seen trading down the range of 8.07%-8.00%. The 01.05.27 and 15.09.27 maturities were seen trading down at the rates of 8.40% and 8.62%-8.55% respectively. The 01.07.28 maturity traded down the range of 8.85%-8.80% and the 15.10.28 maturity down the range of 8.90%-8.85%. The 15.06.29, 15.09.29 and 15.12.29 maturities were seen trading down the range of intraday highs and lows of 9.50%-9.40%, 9.52%-9.45% and 9.56%-9.50% respectively. The 15.05.30 and 15.12.32 maturities traded at the rates of 9.62% and 10.20 respectively.
In money markets, the weighted average rates on overnight call money and Repo stood at 7.74% and 7.77% respectively.
The net liquidity surplus stood at Rs. 163.09 billion yesterday. No funds were withdrawn from the Central Bank’s SLFR (Standing Lending Facility Rate) of 8.25%.
Forex market
In the Forex market, the USD/LKR rate on spot contracts closed the day broadly steady at Rs. 299.32/299.38 as against its previous day’s closing level of Rs. 299.40/299.45.
The total USD/LKR traded volume for 3 June was $ 99.65 million.
(References: Central Bank of Sri Lanka, Bloomberg E-Bond trading platform, Money broking companies)
