The secondary Bond market extended its downward yield momentum with rates posting declines across the yield curve on the back of robust buying interest. Activity and transaction volumes remained at elevated levels.
The 15.02.28 and 01.05.28 maturities were seen trading at the rates of 10.20% and 10.30% respectively. The 01.03.30, 01.08.30 and 15.10.30 traded down the ranges of 10.95%-10.90%, 11.03%-10.95% and 11.10%-11.00% respectively. The 01.02.31 and 01.12.31 traded down the ranges of 11.05%-11.00% and 11.10% respectively. The 15.12.32 and 15.01.33 maturities were seen trading lower at the rates of 11.50%-11.45% and 11.53% respectively. The 15.06.34 and 15.10.34 maturities extended their decline and traded lower at the rates of 11.83% and 11.92%-11.85% respectively. The 15.08.36 maturity traded down from 12.10%-12.00%.
In addition, further to the T-Bill auction held on 11 November 2026, Rs. 6.50 billion was raised at phase II. Accordingly, the aggregate accepted amount of the issuance was Rs. 85.56 billion.
In the money market, the net liquidity surplus stood at Rs. 172 billion yesterday. A total of Rs. 114.82 billion was deposited at the Central Bank’s SDFR (Standing Deposit Facility Rate) of 8.25% as against an amount of Rs 0.03 billion withdrawn from the Central Bank’s SLFR (Standing Lending Facility Rate) of 9.25%.
In addition, the Domestic Operations Department (DOD) of the Central Bank of Sri Lanka mopped out Rs. 57.21 billion by way of an overnight repo auction at a weighted average yield of 8.74% as well as a 31-day term repo of Rs. 20.00 billion at the rate of 9.28%.
The weighted average yields on overnight call money and repos were recorded at 9.02% and 9.13% respectively.
Forex market
The USD/LKR rate on spot contracts was seen closing at Rs. 332.50/332.60 yesterday, depreciating marginally as against its previous day’s closing of Rs. 332.37/332.40. The total USD/LKR traded volume for 1 November amounted to $ 51.75 million.