Bond yields decrease

By Wealth Trust Securities

The start of a fresh trading week saw secondary market bond yields decreasing marginally yesterday on the back of buying interest amidst moderate activity. 

Trades were witnessed on the maturities of 01.07.25, 15.01.28 and 01.07.32 at levels of 30.80% to 30.90%, 30.90% to 31.03% and 29.52% respectively.

The total secondary market Treasury bond/bill transacted volume for 30th September 2022 was Rs. 7.84 billion.  In money markets, the weighted average rate on overnight REPO stood at 15.50% while an amount of Rs. 696.39 billion was withdrawn from Central Banks SLFR (Standard Deposit Facility Rate) of 15.50%. 

The net liquidity deficit stood at Rs. 370.70 billion yesterday as an amount of Rs. 325.70 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 steady at Rs. 362.90.

The total USD/LKR traded volume for 30 September was $ 16.72 million.  

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