Thursday Nov 05, 2026
Thursday Nov 05, 2026
Thursday, 15 October 2026 05:34 - - {{hitsCtrl.values.hits}}
By Wealth Trust Securities
At the weekly Treasury Bill auction conducted yesterday, weighted average yields were seen holding steady with the rate on the 182-day and 364-day tenors remaining unchanged at 9.44% and 9.95% respectively. However, the 91-day tenor maturity saw its yield increase by four basis points to 9.30%.
The Public Debt Management Office (PDMO) raised only Rs. 66.13 billion or 73.47% in total out of the Rs. 80 billion offered in total. The 91-day tenor recorded acceptance above its respective target allocation, while the 182-day and 364-day recorded acceptances below their respective offered amounts.
Total bids received amounted to 2.01 times the overall offer.
The Phase-II subscription across all three tenors is now open until 3.00 p.m. today (15) at the Weighted Average Yield Rates (WAYRs) determined at the auction (see table for auction details).
The secondary Bond market yesterday saw rates hold steady and consolidate across the majority of the yield curve. However, the shorter tenor 2029s saw selling interest, pushing rates up marginally. Activity and transaction volumes were seen increasing as against the lull of the previous day.
The 15.12.27 and 15.12.28 maturities traded at the rates of 10.20% and 10.70% respectively. The 15.06.29, 15.09.29 and 15.10.29 maturities traded at the rates of 11.00%, 11.00% to 11.01% and 11.00% to 11.02% respectively against its previous day’s closing range of 10.85% to 11.00%. The 15.10.30 maturity traded at the rate of 11.40%. The 01.12.31 traded within the range of 11.67% to 11.70%. The 15.01.33 maturity traded down the range of 11.95%-11.87%. The 15.10.34 traded at the rate of 12.15%.
In the money market, the net liquidity surplus stood at Rs. 132.13 billion. A total of Rs. 87.13 billion was deposited at the Central Bank’s SDFR (Standing Deposit Facility Rate) of 8.25%, while no funds were withdrawn from the Central Bank’s SLFR (Standing Lending Facility Rate) of 9.25%.
In addition, the Domestic Operations Department (DOD) of the Central Bank of Sri Lanka mopped out Rs. 45 billion by way of an overnight repo auction at a weighted average yield of 8.74%, and Rs. 17.50 billion through a 29-day term repo auction at the weighted average yield of 9.21%.
The weighted average yields on overnight call money and repos were recorded at 8.99% and 9.04% respectively.
Forex market
The USD/LKR rate on spot contracts was seen closing at Rs. 331.20/331.25 yesterday, with the rupee depreciating against its previous day’s closing of Rs. 331.00/331.07. The total USD/LKR traded volume for 13 October amounted to $ 65.20 million.
(References: Public Debt Management Office - Ministry of Finance, Central Bank of Sri Lanka, Bloomberg E-Bond Trading Platform, Money Broking Companies)
