Bond yields remain mostly unchanged

The secondary bond market yields remained mostly unchanged yesterday as activity moderated. Limited trades were seen on the maturities of 15.12.22, 15.05.23, 15.11.23 and 15.09.24 at levels of 5.70%, 5.95%, 6.25% and 6.65% respectively.

The total secondary market Treasury bond/bill transacted volume for 14 July was Rs. 50.58 billion.   

In money markets, the overnight net liquidity surplus was seen decreasing yesterday to a 15-month low of Rs. 69.40 billion as only an amount of Rs. 116.39 billion was deposited at Central Banks SLDR of 4.50% against the previous day’s Rs. 143.55 billion. An amount of Rs. 46.99 billion was withdrawn from Central Banks SLFR of 5.50% against the previous day’s amount of Rs. 53.77 billion. The weighted average rates on overnight call money and repo were registered at 4.99% and 5% respectively.

 USD/LKR   

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

The total USD/LKR traded volume for 14 July was $ 109.92 million.   

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