Tuesday Aug 04, 2026
Tuesday Aug 04, 2026
Friday, 10 July 2026 00:00 - - {{hitsCtrl.values.hits}}
By Wealth Trust Securities
The secondary Bond market saw rates increase on the back of renewed US and Iranian hostilities. Activity and transaction volumes were seen at healthy levels while yields stabilised at the higher levels as renewed buying interest kicked in.
The 01.08.30 and 15.10.30 maturities were seen hitting intraday highs of 11.45% and 11.50% respectively from its opening lows of 11.40% and 11.42%. The 01.10.32 maturity traded at the rate of 11.65% and the 15.01.33 maturity traded at the rate of 11.70%. The 01.11.33 maturity traded up the range up 11.75% to 11.80%.
Secondary Market Bills also saw volumes change hands with September and October (close to 03 months) maturities trading at the rates of 10.05% and 10.15%-10.10% respectively.
Meanwhile, the details of the next upcoming Treasury Bond auctions due to be held on Monday, the 13 July 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 October 2030 Maturity bearing a coupon rate of 11%, Rs. 50 billion from a 15 October 2034 Maturity bearing a coupon rate of 11.70% and Rs. 30 billion from a 1 July 2037 Maturity bearing a coupon rate of 10.75%.
The settlement for which will be held on 15 July 2026.
In the money market, the net liquidity surplus increased to Rs 139.01 billion yesterday against its previous days Rs 125.89 billion. An amount of Rs. 104.04 billion was deposited at Central Banks SDFR (Standing Deposit Facility Rate) of 8.25% as against an amount of Rs. 0.03 billion withdrawn from the Central Banks SLFR (Standing Facility Rate) of 9.25%.
In addition, the Domestic Operations Department (DOD) of the Central Bank of Sri Lanka drained out an amount of Rs. 35 billion by way of overnight repo auction at a weighted average rate of 8.74%.
The weighted average rates on overnight call money and Repos were recorded at 9.09% and 9.10% respectively.
Forex market
The USD/LKR rate on spot contracts was seen closing the day at the rate of LKR. 336.00/336.40 yesterday, as against its previous days close of Rs. 335.75/336.20.
The total USD/LKR traded volume for 8 July was $ 43.70 million.
(References: Public Debt Management Office - Finance Ministry, Central Bank of Sri Lanka, Bloomberg E-Bond Trading Platform, Money Broking Companies)
