Secondary Bond market yields consolidate

Friday, 7 August 2026 00:06 - - {{hitsCtrl.values.hits}}

By Wealth Trust Securities

The secondary Bond market yesterday saw rates remain broadly steady, with a slight downward bias at the long end, as the market consolidated and locked in the gains from the previous day’s rally.

The 15.02.28 and 15.03.28 maturities traded at the rates of 10.45% and 10.50% respectively. The 01.08.30 and 15.10.30 maturities traded at the rates of 11.30% and 11.35%-11.38% respectively. While the 01.02.31 maturity traded at the rates of 11.38%-11.40% and the 15.05.31 at the rate of 11.55%. The 15.01.33 maturity traded at the rate of 11.95%-11.92% and the 01.11.33 at the rate of 12.00%, the 15.10.34 maturity saw its yield decline down the range of 12.15%-12.10% and the 01.07.37 maturity traded down the range of 12.68%-12.64%.

Furthermore, demand for secondary market Bills, saw the 91-day bill change hands at 9.65%, the 182-day at 9.90% while July 2027 maturities changed hands at 10.10%.

In the money market, the net liquidity surplus was recorded at Rs. 188 billion yesterday. An amount of Rs. 118 billion was deposited at Central Bank’s SDFR (Standing Deposit Facility Rate) of 8.25%.

In addition, the Domestic Operations Department (DOD) of the Central Bank of Sri Lanka drained out an amount of Rs. 70 billion by way of an overnight repo auction at a weighted average rate of 8.75%.

The weighted average rates on overnight Call money and Repo were recorded at 8.97% and 9.00% respectively.

Forex market

The USD/LKR rate on spot contracts was seen closing the day broadly steady at Rs. 335.55/335.80, from its previous day’s close of Rs. 335.55/335.60.

The total USD/LKR traded volume for 5 August was $ 104.26 million.

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