Friday Nov 07, 2025
Friday Nov 07, 2025
Thursday, 16 October 2025 05:31 - - {{hitsCtrl.values.hits}}
By Wealth Trust Securities
The weighted average rates at the weekly Treasury Bill primary auction conducted yesterday remained steady while the total subscribed amount decreased to 35.11% of its total offered amount against its previous week’s 57.10%. The 182-day Bill continued to dominate the auction as it represented 68.90% of the total accepted amount.
The weighted average rates of the 91-day, 182-day and 364 maturities were steady at 7.52%, 7.89% and 8.02% respectively while the bids to offer ratio stood at 1.32:1.
The phase 2 of the auction will be opened for all three maturities at their weighted average rates until close of business of the day prior to settlement (i.e., 3 p.m. on 16.10.2025). Given in the graph are the details of the auction.
In the secondary Bond market, activity continued at a moderate pace yesterday. The maturities of 15.05.26, 01.08.26, 01.05.27, 15.09.27, 01.07.28, 15.12.28, 15.09.29 and 15.12.31 changed hands at levels of 8.27% to 8.30%, 8.30% to 8.35%, 8.70%, 8.73%, 9.31%, 9.34%, 9.69% and 10.22% respectively.
In the secondary Bill market, January and April 2026 maturities changed hands within the range of 7.62% to 7.65% and 7.97% to 8.02% respectively, pre-auction. The May and August 2026 maturities traded at levels of 8.05% and 8.04% respectively, post auction.
The total secondary market Treasury Bond/Bill transacted volume for 14 October was Rs. 20.64 billion.
In money markets, the overnight net liquidity surplus was seen decreasing yesterday to Rs. 156.38 billion as an amount of Rs. 172.53 billion was deposited at Central Bank’s SDFR (Standing Deposit Facility Rate) of 7.25% against its previous day’s Rs. 179.46 billion.
An amount of Rs. 16.15 billion was withdrawn from Central Bank’s SLFR (Standard Lending Facility Rate) of 8.25% against its previous day’s Rs. 8.44 billion. The weighted average rates on overnight call money and repo were registered at 7.87% and 7.89% respectively.
Forex market
In the forex market, the USD/LKR rate on spot contracts closed the day at Rs. 302.95/303.00 as against Rs. 302.80/302.90 the previous day.
The total USD/LKR traded volume for 14 October was $ 100.93 million.
(References: Central Bank of Sri Lanka, Bloomberg E-Bond trading platform, Money broking companies)
