Bond market at a standstill

Friday, 27 August 2021 01:47 - - {{hitsCtrl.values.hits}}

By Wealth Trust Securities

The secondary bond market was at a standstill yesterday with only the 01.12.24 maturity changing hands at 8.05%.

The total secondary market Treasury bond/bill transacted volume for 25 August was Rs. 31.37 billion.

In money markets, the Domestic Operations Department (DOD) of the Central Bank of Sri Lanka drained out an amount of Rs. 10 billion by way of an overnight Repo auction at a weighted average rate of 5.74% as the overnight net liquidity surplus in the system increased further to Rs. 13.71 billion yesterday. The weighted average rates on overnight call money and repo were registered at 5.77% and 5.74% respectively.

USD/LKR

In Forex markets, the overall market continued to remain inactive yesterday. The total USD/LKR traded volume for 25 August was $ 7.50 million.

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

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.