Yields edge up marginally as activity dries up

Friday, 6 March 2015 00:00 -     - {{hitsCtrl.values.hits}}

By Wealth Trust Securities Activity in secondary bond markets dried up yesterday with quotes on the liquid maturities of 1 April 2018, 15 August 2018 and 1 July 2022 edging up marginally to close the day at 7.70/90, 7.80/00 and 8.15/30 respectively subsequent to changing hands within the range of 7.80% to 7.85%, 7.85% to 7.90% and 8.20% to 8.25%. In secondary bill markets, buying interest saw the 182 day and 364 day maturities changing hands within the range of 6.90% to 6.95% and 6.90% to 7.00% respectively. Meanwhile in money markets yesterday, overnight call money and repo rates continued to remain steady to average 6.70% and 6.54% respectively as surplus liquidity stood at Rs. 17.64 billion.   Rupee dips marginally on one week contracts The USD/LKR rate on one week forward contracts dipped marginally to close the day at levels of Rs. 133.50/60 while spot and spot next contracts continued to remain stagnant at Rs. 132.90/20 and Rs.132.92/20. The total USD/LKR traded volume for 3 March was at $ 93.50 million. Some forward USD/LKR rates that prevailed in the market were: one month – 134.20; three months – 135.10; and six months – 136.90.

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.

COMMENTS

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.