Thursday Sep 17, 2026
Thursday Sep 17, 2026
Thursday, 17 September 2026 05:36 - - {{hitsCtrl.values.hits}}
By Wealth Trust Securities
The Treasury Bill weighted averages reversed course and increased across the board for the first time in 11 weeks. This reflects the recent uptrend in secondary market yields.
Accordingly, the yield on the 91-day yield rose by 15 basis points to 9.18%, the 182-day Bill by 12 basis points to 9.36% and the 364-day Bill by 11 basis points to 9.88%.
The Public Debt Management Office (PDMO) successfully raised the entire Rs. 70 billion offered, with each tenor meeting its targeted allocation. Total bids received amounted to 2.45 times the offer.
The Phase II subscription across all three maturities is now open until 3.00 pm on 17.09.2026 at the Weighted Average Yield Rates (WAYRs) determined at the auction (see table for the auction details).
The secondary Bond market remained under pressure for a third consecutive session yesterday, with yields continuing to move higher as the bearish sentiment persisted.
Despite the bearish tone, trading activity and transaction volumes remained healthy, supported by the execution of several sizeable block transactions.
The 01.07.30, 01.08.30 and 15.10.30 maturities traded at the rates of 11.40%, 11.45%-11.50% and 11.40%-11.45% respectively. The 01.02.31 maturity traded up the range of 11.60%-11.65%. The 15.01.33 maturity traded at the rate of 11.95% and the 01.11.33 at 12.00%. On the 2034 segment, the 15.09.34 and 15.10.34 changed hands at levels of 12.16%-12.20% and 12.05% to 12.10% respectively.
The 15.08.36 and 01.07.37 maturities traded 12.16% and 12.20% respectively.
In the money market, the net liquidity surplus was recorded at Rs. 146.44 billion. Rs. 52.09 billion was deposited at the Central Bank’s SDFR (Standing Deposit Facility Rate) of 8.25%.
In addition, the Domestic Operations Department (DOD) of the Central Bank of Sri Lanka mopped out Rs. 59.35 billion by way of an overnight repo auction at a weighted average yield of 8.71% and Rs. 35 billion through a 7-day term repo auction at the weighted average yield of 8.75%.
The weighted average yields on overnight call money and repos were recorded at 8.89% and 8.95% respectively.
Forex market
The USD/LKR rate on spot contracts was seen closing at Rs. 331.85/332.25 yesterday, with the Rupee depreciating from Rs. 330.65/331.10 recorded on the previous day.
The total USD/LKR traded volume for 15 September amounted to $ 45.50 million.
(References: Public Debt Management Office - Ministry of Finance, Central Bank of Sri Lanka, Bloomberg E-Bond Trading Platform, Money Broking Companies)
