Bond yields decrease marginally 

Tuesday, 6 September 2022 03:00 -     - {{hitsCtrl.values.hits}}

By Wealth Trust Securities


The start of a new trading week saw secondary bond market yields’ decreasing marginally on the back of renewed buying interest. 

The demand for the 01.06.25 and 15.05.31 maturities saw its yields hit intraday lows of 27.92% and 28.75% respectively against the previous day’s closing levels of 28.25/75 and 29.00/50.

The total secondary market Treasury bond/bill transacted volume for 02 September was Rs.6 billion.   

In money markets, the weighted average rates on overnight call money stood at 15.50% while an amount of Rs.783.79 billion was withdrawn from Central Banks SLFR (Standard Deposit Facility Rate) of 15.50%.

 The net liquidity deficit stood at Rs.448.74 billion yesterday as an amount of Rs.335.05 billion was deposited at Central Banks’ SDFR (Standard Deposit Facility Rate) of 14.50%.



Forex Market 

In the Forex market, the middle rate for USD/LKR spot contracts remained stable at Rs.361.45 yesterday.

The total USD/LKR traded volume for 02 September was $ 34 million.  

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

 

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