Saturday Oct 25, 2025
Saturday Oct 25, 2025
Monday, 16 June 2014 00:00 - - {{hitsCtrl.values.hits}}
Once again activity spread along the yield curve from one year durations of 2015’s to 10-year durations of 2024s with a majority centering the belly end of the curve. The most liquid maturity on the curve of 1 July 2019 was seen hitting an 33 month low of 8.66% against its weekly high of 8.74% closely followed by the two 2018 maturities (i.e. 1 April 2018 and 15 August 2018) to 34 month lows of 8.20% and 8.27% respectively against its weekly highs of 8.25% and 8.33%.
Furthermore, activity on the longer end of the curve increased with the seven year maturity of 2021 changing hands within the range of 9.30% to 9.38% and the eight year maturity of 2022 within 9.77% to 9.80% while on the shorter end of the curve 2015 maturities within 7.00% to 7.15%, 2016’s within 7.30% to 7.35% and 2017’s within 7.58% to 7.62%. In secondary bill markets, February 2015 bills were seen changing hands within a range of 
6.75% to 6.80% and the 364 day bill within 6.93% to 6.95%, reflecting continued buying interest.
In money markets, surplus liquidity increased towards the later of the week to close the week at Rs. 20.48 b as overnight call money and repo rates remained steady to average 6.96% and 6.53% during the week. The Open Market Operations (OMO) Department of Central Bank was seen mopping up liquidity during the week by way of four day term repo auctions at a weighted averages ranging from 6.61% to 6.84%.
Rupee closes the week steady
In Forex markets, the USD/LKR rate was seen closing the week mostly unchanged at Rs. 130.25/26. The daily average USD/LKR traded volume for the first three days of the week was at $ 68.45 million. Some of the forward dollar rates that prevailed in the market were one month – 130.69; three months – 131.53; and six months – 132.71.
