Tuesday May 06, 2025
Friday, 7 June 2024 01:50 - - {{hitsCtrl.values.hits}}
By Wealth Trust Securities
The secondary bond market yields were seen increasing further yesterday with the liquid four-year maturities of 15.03.28, 01.07.28 and 15.12.28 hitting highs of 10.95%, 11.00% and 11.05% respectively on the back of continued selling interest.
In addition, the 2026’s (i.e. 01.06.26, 01.08.26 and 15.12.26), 2027’s (i.e. 15.01.27 & 15.09.27) maturities were seen changing hands at highs of 10.00% each, 10.10% and 10.55% respectively, while the 15.05.30 and 01.10.32 maturities at highs of 11.80% and 11.90% respectively.
The total secondary market Treasury bond/bill transacted volume for 5 June was Rs. 122.71 billion.
In money markets, the net liquidity surplus increased further to Rs. 175.93 billion yesterday as an amount of Rs. 1.64 billion was withdrawn from Central Banks SLFR (Standard Lending Facility Rate) of 9.50% against an amount of Rs. 177.57 billion being deposited at Central Banks SDFR (Standard Deposit Facility Rate) of 8.50%. The weighted average rates on overnight call money and Repo stood at 8.66% and 8.69% respectively.
Forex Market
In the Forex market, the USD/LKR rate on spot contracts were traded within the range of
Rs. 302.48 to Rs. 302.90 yesterday before closing the day at Rs. 302.80/303.10 against its previous day’s closing level of Rs. 302.35/302.45.
The total USD/LKR traded volume for 5 June was
$ 41.10 million.
(References: Central Bank of Sri Lanka, Bloomberg E-Bond trading platform, Money broking companies)
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