Activity continues on long-dated bond maturities

Friday, 10 September 2021 01:27 -     - {{hitsCtrl.values.hits}}

By Wealth Trust Securities


The limited activity in the secondary bond market yesterday continued on the long end of the yield curve, as the 15.05.2030 and 15.09.2034 maturities were seen changing hands at levels of 10.10% and 10.45% respectively ahead of scheduled T-Bond auctions next week. Activity on the rest of the yield curve remained dormant on limited two way quotes. A 14 January 2022 T-Bill changed hands at a level of 6.14%.

The total secondary market Treasury bond/bill transacted volume for 8 September was Rs. 25.31 billion.   

In money markets, the net liquidity deficit stood at Rs. 191.84 billion yesterday with an amount of Rs. 77.68 billion been deposited at Central Banks SDFR of 5.00% against an amount of Rs. 269.52 billion withdrawn from Central Banks SLFR of 6.00%. The weighted average rates on call money and repo stood at 5.96% and 5.88% respectively.



USD/LKR   

In the Forex market, the overall market continued to remain inactive yesterday.

The total USD/LKR traded volume for 8 September was $ 43.00 million.   

(References: Central Bank of Sri Lanka, Bloomberg E-Bond trading platform, Money broking companies)

 

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