Bond and bill markets remain dull

By Wealth Trust Securities

The fresh trading week commenced on a dull note yesterday, with only the 01.05.24 and 15.05.26 maturities changing hands at levels of 32.00% and 31.00% to 31.10% respectively, when compared with the previous day’s closing levels of 31.50/25 and 30.90/10.

The total secondary market Treasury bond/bill transacted volume for 16th November 2022 was Rs. 6.04 billion.   

In money markets, the net liquidity deficit stood at Rs. 235.30 billion yesterday, with an amount of Rs. 348.13 billion being deposited with the Central Banks SDFR (Standard Deposit Facility Rate) at 14.50% and an amount of Rs. 583.42 billion being withdrawn from the Central Banks SLFR (Standard Lending Facility Rate) of 15.50%. 

The weighted average rates of overnight Call money and Repos stood at 15.50% each.

Forex Market 

In the Forex market, the middle rate for USD/LKR spot contracts remained steady at Rs. 363.18 yesterday.

The total USD/LKR traded volume for 16 December was $ 28.06 million.  

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