Wednesday Sep 03, 2025
Wednesday Sep 03, 2025
Friday, 22 August 2025 00:04 - - {{hitsCtrl.values.hits}}
By Wealth Trust Securities
The Secondary Bond market yesterday witnessed yields increase on the back of selling pressure, particularly on 2028 tenors. Activity and transaction volumes were seen at healthy levels in the early trading hours but fizzled out into a virtual standstill during the latter trading hours.
The 15.02.28 and 15.03.28 maturities were seen trading at the rates of 8.80% and 8.82%-8.83% respectively. The 01.05.28 and 01.07.28 maturities were seen trading at the rates of 8.87% and 8.90%. The 15.06.29 and 15.12.29 maturities were seen trading at the rates of 9.35% and 9.45% respectively. The 15.03.31 and 15.12.32 maturities changed hands at the rates of 9.95% and 10.30%.
On the inflation front, the National Consumer Price Index – NCPI (Base: 2021=100) or National inflation for the month of July 2025 was recorded at + 0.70% on its point to point as against + 0.30% recorded in June 2025, while the annual average inflation was recorded at -1.10%.
The total secondary market Treasury Bond/Bill transacted volume for 20 August was Rs. 35.43 billion.
In money markets, the weighted average rates on overnight call money and Repo stood at 7.86% and 7.87% respectively.
The net liquidity surplus was recorded at Rs. 106.06 billion yesterday. An amount of Rs. 1.30 billion was withdrawn from the Central Banks SLFR (Standing Lending Facility Rate) of 8.25%, while an amount of Rs. 107.37 billion was deposited at Central Banks SDFR (Standard Deposit Facility Rate) of 7.25%.
Forex market
In the Forex market, the USD/LKR rate on spot contracts closed the day depreciating to Rs. 301.85/302.00 as against 301.70/301.80 the previous day.
The total USD/LKR traded volume for 20 August was $ 79.10 million.
(References: Central Bank of Sri Lanka, Bloomberg E-Bond trading platform, Money broking companies)
