Secondary Bond market starts off steady

Tuesday, 9 June 2026 04:22 - - {{hitsCtrl.values.hits}}

Rs. 150 b T-Bond auction details announced

By Wealth Trust Securities

Rates were seen holding broadly steady from the previous week’s closing. Activity was observed at subdued levels as market participants adopted a wait-and-see approach amidst the prevailing uncertainty stemming from the Middle East conflict and an action-packed week with back-to-back Treasury Bill and Bond auctions.

Accordingly, the 15.09.27, 15.02.28 and 15.06.29 maturities traded at the rates of 11.00%, 11.75% and 12.05% respectively. The 01.08.30 maturity traded within the range of 12.12%-12.18% and the 15.10.30 maturity traded at the rate of 12.30%.

In addition, the details of the next upcoming round of Treasury Bond auctions due to be held on Thursday 11 June were announced. The round of auctions will have a total offered amount of Rs. 150 billion across three available maturities.

The auction will be comprised of: Rs. 70 billion from a 15 May 2030 maturity bearing a coupon rate of 11.00%; Rs. 60 billion from a 15 December 2032 maturity bearing a coupon rate of 11.50%; Rs. 20 billion from a 1 July 2037 maturity bearing a coupon rate of 10.75%. The settlement for which will be held on 15th June 2026.

In money market, the net liquidity surplus was recorded at Rs. 63.25 billion yesterday. An amount of Rs 88.47 billion was deposited at the Central Bank’s SDFR (Standing Deposit Facility Rate) of 8.25% as against an amount of Rs. 25.22 billion withdrawn from the Central Bank’s SLFR (Standing Lending Facility Rate) of 9.25%.

The weighted average rates on overnight call money and Repo were recorded at 9.17% and 9.21% respectively.

Forex market

In the forex market, the USD/LKR rate on spot contracts closed at the rate of Rs. 337.00/337.35 as against the previous day’s closing of Rs 335.75/336.25.

The total USD/LKR traded volume for 5 June 2026 was $ 78.50 million.

(References: Public Debt Management Office- Ministry of Finance, Central Bank of Sri Lanka, Bloomberg E-Bond trading platform, Money broking companies)