Friday Nov 07, 2025
Friday Nov 07, 2025
Thursday, 6 November 2025 05:51 - - {{hitsCtrl.values.hits}}
By Wealth Trust Securities
The weighted average rates at the weekly Treasury Bill auction conducted Tuesday remained unchanged, with the yields on the 91-day tenor staying at 7.52%, the 182-day remaining at 7.90% and the 364-day at 8.04% respectively.
This marks the 16th week where T-Bill rates have stayed broadly anchored around prevailing levels.
However, the auction was undersubscribed, raising only 86.40% or Rs. 66.96 billion out of the Rs. 77.5 billion offered. The bids received to the offered amount ratio stood at 1.68 times.
The Phase II of subscription on the 91-day and 364-day tenor is now open until 3.00 pm of business day prior to settlement date (i.e., 06.11.2025) at the WAYRs determined for the said ISINs at the auction.
Given in the graph are the details of the auction (Phase 1).
The secondary Bond market on Tuesday saw yields consolidate at prevailing levels, cementing the lower rates established following the recent market rally. Trading activity and transaction volumes remained healthy, reflecting sustained positive market sentiment, with several block trades also executed at these prevailing yield levels.
In terms of the Secondary Bond market trade summary, the 15.05.26 maturity was seen trading within the rates of 8.05%-8.04%. The 15.01.28, 15.02.28 and 15.03.28 maturity traded at rates of 9.00%, 9.03% and 9.05% respectively. The 15.06.29, 15.09.29 and 15.10.29 maturities were seen trading at the rates of 9.50%-9.49%, 9.53% and 9.56%-9.55%.
The total secondary market Treasury Bond/Bill transacted volume for 3 November was Rs. 10.6 billion.
In money markets, the weighted average rates on overnight call money and Repo stood at 7.90% and 7.96% respectively.
In money markets, the net liquidity surplus was recorded at Rs. 133.17 billion yesterday. An amount of Rs. 150.02 billion was deposited at Central Bank’s SDFR (Standing Deposit Facility Rate) of 7.25%, while an amount of Rs. 16.84 billion was withdrawn from the Central Bank’s SLFR (Standard Lending Facility Rate) of 8.25%.
Forex Market
In the Forex market, the USD/LKR rate on spot contracts closed depreciating to Rs. 304.65/304.80 as against its previous day’s closing level of Rs. 304.45/304.55.
The total USD/LKR traded volume for 3 November was $ 115.30 million.
(References: Central Bank of Sri Lanka, Bloomberg E-Bond trading platform, Money broking companies)
