Thursday Jan 15, 2026
Thursday Jan 15, 2026
Wednesday, 14 January 2026 05:16 - - {{hitsCtrl.values.hits}}
By Wealth Trust Securities
At the weekly Treasury Bill auction held yesterday, weighted average yields recorded an upwards movement for a fourth consecutive week, albeit witnessing a mwoderation in the increasing momentum. Accordingly, the weighted average yield on the 91-day Bill rose by 7 basis points to 7.95% and the 364-day increased by 1 basis point to 8.48% respectively. However, the weighted average on the 182-day remained steady at 8.44%. The auction was marginally undersubscribed, raising 96.43% or Rs. 96.43 billion out of the Rs. 100 billion. The bulk of which was raised on the 182 tenor which raised more than its respective offered amount. Total bids received amounted to 3.47 times the offered volume.
The Phase II of subscription is now open only on the 91-day and 364-day tenors until 3.00 pm of business day prior to settlement date (i.e., 14 January) at the WAYRs determined for the said ISINs at the auction.
The secondary Bond market initially saw rates increase further during the early trading hours yesterday, but quickly shifted gears, with rates posting a recovery buoyed by the Treasury Bill auction results and renewed buying interest at higher levels.
In terms of the Secondary Bond market trade summary, the 01.05.27 and the 15.09.27 maturity traded at the rates of 9.05% and 9.00% respectively. The 01.07.28 traded down the range of 9.40%-9.30%. The 15.06.29 and 15.12.29 maturities traded down from intraday highs to lows of 9.65%-9.60% and 9.85%-9.75% respectively. The 15.03.31 maturity changed hands within the range of 10.22%-10.20%. The 15.06.35 maturity traded down the range of 11.20%-11.15%.
The total secondary market Treasury Bond/Bill transacted volume for 12 January was Rs. 84.05 billion.
In money markets, the net liquidity surplus was recorded at Rs. 151.97 billion yesterday, deposited at Central Bank’s SDFR (Standing Deposit Facility Rate) of 7.25%.
The weighted average rates on overnight call money and Repo stood at 7.95% and 7.98% respectively.
Forex market
In the Forex market, the USD/LKR rate on spot contracts closed the day depreciating marginally to 309.20/309.30 as against its previous day’s closing level of Rs. 309.00/309.10.
The total USD/LKR traded volume for 12 January was $ 113.45 million.
(References: Central Bank of Sri Lanka, Bloomberg E-Bond trading platform, Money broking companies)
