Secondary market bond yields edge up marginally once again

Friday, 22 August 2014 00:01 - - {{hitsCtrl.values.hits}}

By Wealth Trust Securities Activity in secondary bond markets moderates yesterday as yields were seen edging up once again with the liquid maturities of 15 May 2017, two 2018s (i.e. 1 April 2018 and 15 August 2018), the 1 July 2019 and the 1 July 2022 closing the day higher at levels of 7.25/35, 7.45/50, 7.45/55, 7.55/65 and 8.25/45 respectively against its previous day’s closing levels of 7.22/28, 7.30/35, 7.30/40, 7.45/50 and 8.23/28. In secondary bill markets, May 2015 bills continued to be quoted at levels of 6.30/45, June 2015 at 6.35/45 and July 2015 at 6.40/50. In money markets, overnight surplus liquidity remained steady at Rs. 32.26 billion yesterday as no Open Market Operations (OMO) were conducted for a fourth consecutive day. Overnight call money and Repo rates remained steady as well to average 6.70% and 6.54% respectively. Rupee dips for a second consecutive day The USD/LKR rate was seen dipping for a second consecutive day to close the day at Rs. 130.20/22 yesterday on the back of importer demand. The total USD/LKR traded volumes for 20 August stood at $ 36.70 million. Given are some forward dollar rates that prevailed in the market: one month – 130.56; three months – 131.19; six months – 132.21.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.