Secondary Bond market yields hold steady; activity moderate

Friday, 6 March 2026 00:08 - - {{hitsCtrl.values.hits}}

By Wealth Trust Securities

The secondary Bond market yesterday saw rates overall hold broadly steady and consolidate as trading was seen sideways around prevailing levels. Activity and transaction volumes were seen at moderate levels as market participants adopted a cautious stance against the backdrop of ongoing conflict in the Middle East.

Accordingly, the 15.01.28 maturity traded at the rate of 8.95%. The 15.10.29 and 15.12.29 maturities traded within the range of 9.59%-9.60% each. The 01.07.30 maturity traded at the rate of 9.70%. The 15.03.31 maturity traded at the rate of 9.85%. The 01.06.33 maturity traded at the rate of 10.50%. The 15.06.34 maturity traded within the range of 10.72% to 10.795%. The 15.06.35 maturity traded within the range of 10.77% to 10.795%.

In money market, the net liquidity surplus in money market was recorded at Rs. 336.51 billion yesterday. An amount of Rs 261.60 billion was deposited at Central Bank’s SDFR (Standing Deposit Facility Rate) of 7.25% as against an amount of Rs 0.09 billion withdrawn from the Central Bank’s SDFR (Standing Deposit Facility Rate) of 8.25%.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. 75.00 billion by way of overnight repo auction at a weighted average rate of 7.57%.

The weighted average rates on overnight call money and Repo yesterday stood at 7.67% and 7.70% respectively.

The total secondary market Treasury Bond/Bill transacted volume for 4 March was Rs. 20.40 billion.

Forex market

In the Forex market, the USD/LKR rate on spot contracts were seen closing the day Rs. 311.00/311.50 as against its previous day’s closing level of Rs. 310.30/310.60.

The total USD/LKR traded volume for 4 March 2026 was $ 96.75 million.

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