Wednesday Feb 25, 2026
Wednesday Feb 25, 2026
Tuesday, 27 January 2026 03:59 - - {{hitsCtrl.values.hits}}
By Wealth Trust Securities
The secondary Bond market began the new trading week on a relatively subdued note, as market participants maintained a defensive stance ahead of an action-packed week.
Key events include the first Monetary Policy Announcement of 2026 and the weekly Treasury Bill auction, both scheduled for 28 January. This will be followed by a Treasury Bond auction on 29 January, with the two auctions taking place back-to-back in rapid succession. The first CCPI inflation print for January 2026 is also due on the 30th.
The secondary market Bond yields edged up marginally yesterday as market two-ways quoted slightly higher by the close. Although activity was muted relative to recent sessions, transaction volumes were seen at healthy levels, supported by block transactions.
Accordingly, trades were observed on the 01.05.27 maturity at the rate of 8.90%. The 15.02.28 maturity traded at the rate of 9.05%. The 15.10.28 and 15.12.28 maturities traded at the rates of 9.25% each. The 15.09.29 maturity traded within the range of 9.67%-9.65%. The 01.03.30 maturity traded at the rate of 9.70% and the 01.07.30 maturity at the rate of 9.72%. The 15.12.32 maturity traded within the range of 10.33%-10.32%. The 15.06.35 maturity traded within the range of 10.95%-10.98%.
Meanwhile, the details of the next upcoming Treasury Bond auction, scheduled to be conducted this Thursday (29) are as follows. The round of auctions will have a total offered amount of Rs. 205 billion across three available maturities.
The auction will be comprised of: Rs. 60 billion from a 1 March 2030 maturity bearing a coupon rate of 9.50%; Rs. 80 billion from a 1 June 2034 maturity bearing a coupon rate of 10.75%; Rs. 65 billion from a 1 July 2037 Maturity bearing a coupon rate of 10.75% the settlement for which will be held on 2 February 2026.
The total secondary market Treasury Bond/Bill transacted volume for 23 January was Rs. 15.50 billion.
In money markets, the net liquidity surplus was recorded at Rs. 169.74 billion yesterday whiles the weighted average rates on overnight call money and Repo stood at 7.74% and 7.77% respectively.
Forex market
In the forex market, the USD/LKR rate on spot contracts were seen closing the day appreciating to Rs. 309.50/309.60 as against its previous day’s closing level of Rs. 309.76/309.80.
The total USD/LKR traded volume for 23rd January 2026 was $ 71.95 million.
(References: Central Bank of Sri Lanka, Bloomberg E-Bond trading platform, Money broking companies)
