Secondary Bond market yields consolidate; activity moderates

Tuesday, 17 February 2026 02:34 - - {{hitsCtrl.values.hits}}

By Wealth Trust Securities

The secondary Bond market yesterday opened the new trading week with rates largely holding steady along most of the yield curve. However selected tenors saw yields edge up marginally higher, as profit-taking emerged following the extended rally seen over the past couple of weeks. Trading activity was initially at healthy levels but moderated toward the close of the session.

The 01.07.28 and 01.09.28 maturities were seen trading within the ranges of 9.03%-9.05% and 9.10% respectively. The 15.09.29 and 15.12.29 maturities were seen trading up the ranges of 9.43%-9.45% and at the rate of 9.45% respectively. The 01.03.30 and 01.07.30 maturities were seen trading up the ranges of 9.49%-9.52% and 9.50%-9.55% respectively. The 15.03.31 maturity was seen trading at the rate of 9.70%. The 01.10.32 and 15.12.32 maturities were seen trading up the ranges of 10.10%-10.12% and at the rate of 10.15% respectively. The 01.06.33 and 01.11.33 maturity traded at the rates of 10.37%-10.40% and 10.38% respectively.

In Secondary Market Treasury Bill transactions February 2027 maturities were seen collected at the rates of 8.25%-8.23% on the back of notable volumes.

The total secondary market Treasury Bond/Bill transacted volume for 13 February was Rs. 25.81 billion.

In money markets, the net liquidity surplus remained elevated and was recorded at Rs. 270.99 billion yesterday. An amount of Rs. 262.13 billion was deposited at Central Bank’s SDFR (Standing Deposit Facility Rate) of 7.25% as against an amount of Rs. 11.14 billion withdrawn from the Central Bank’s SDFR (Standing Deposit Facility Rate) of 8.25%. The Domestic Operations Department (DOD) of the Central Bank of Sri Lanka was seen draining out an amount of Rs.20 billion by way of overnight repo auction at a weighted average rate of 7.65%.

The weighted average rates on overnight call money and Repo stood at 7.67% and 7.68% respectively.

Forex market

In the Forex market, the USD/LKR rate on spot contracts were seen closing the day stable at Rs. 309.20/309.25 unchanged against its previous day’s closing level.

The total USD/LKR traded volume for 13 February 2026 was $ 68.85 million.

(References: Public Debt Management Office - Ministry of Finance, Central Bank of Sri Lanka, Bloomberg E-Bond Trading Platform, Money Broking Companies)