Bond yields tick higher in moderate trading

By Wealth Trust Securities

The secondary bond market yields edged up yesterday as the liquid maturities of 15.05.26 and 15.09.27 hit intraday highs of 29.36% and 29.15% respectively against its previous day’s closing levels of 29.15/25 and 29.00/10. In the secondary bill market, March, April, May, July and August 2023 maturities changed hands at levels of 27.50%, 28.50% to 29.50%, 29.00% to 29.95%, 28.80% and 29.50% respectively.

The total secondary market Treasury bond/bill transacted volume for 08 February was Rs. 35.23 billion. In money markets, an amount of Rs.150.30 billion was withdrawn from Central Banks SLFR (Standard Lending Facility Rate) of 15.50% while the weighted average rates on overnight call money and REPO stood at 15.49% and 15.50% respectively.

Forex Market 

In the Forex market, the middle rate for USD/LKR spot contracts appreciated marginally to Rs. 361.9226 against its previous day’s closing level of Rs. 361.96.

The total USD/LKR traded volume for 08th February was $ 68.60 million.  

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