The secondary Bond market commenced the week with yields edging higher across the yield curve. Activity and transaction volumes were seen at moderate levels.
The 15.09.29 maturity traded at 10.90%. On the 2030 segment, the 01.03.30, 15.05.30, 01.08.30 and 15.10.30 maturities traded up the ranges of 11.05%-11.10%, 11.05% and 11.10%-11.15% each respectively. The 01.12.31 maturity traded at the rate of 11.30%-11.32% and the 15.12.32 at the rates of 11.65%-11.68%. The 01.06.33 and 01.11.33 maturities traded at the rates of 11.89%-11.90% and 11.95% respectively. The 15.10.34 maturity traded up the range of 12.08%-12.10%. The 15.08.36 maturity traded at the rate of 12.40%.
In the money market, the net liquidity surplus stood at Rs. 178.11 billion yesterday. Of this, Rs. 112.60 billion was deposited with the Central Bank through its Standing Deposit Facility (SDF) at 8.25%, while Rs. 0.50 billion was withdrawn through the Standing Lending Facility (SLF) at 9.25%.
The Domestic Operations Department (DOD) of the Central Bank absorbed further liquidity through an overnight repo auction, mopping up Rs. 46 billion at weighted average rate of 8.73% and a term repo auction for 07 days amounting to Rs. 20 billion at the rate of 8.74%.
The weighted average rates on overnight call money and repos were 9.03% and 9.13% respectively.
Forex market
The USD/LKR rate on spot contracts was seen closing the day steady at Rs. 332.53/332.59 broadly steady as against its previous day’s closing of Rs. 332.50/332.60. The total USD/LKR traded volume on 6 November was $ 79.75 million.