Fresh week commences on a positive note

Tuesday, 6 July 2021 00:00 - - {{hitsCtrl.values.hits}}

By Wealth Trust Securities

The fresh trading week commenced on a positive note as yields on the short tenure maturities continued to decrease yesterday. The maturities of 15.11.22 and 2023’s (i.e. 15.01.23, 15.03.23, 15.07.23, 01.09.23 and 15.11.23) dipped to intraday low of 5.56%, 5.68%, 5.85%, 6.03%, 6.10% and 6.20% respectively, while yield on the rest of the yield curve remained mostly unchanged.

The total secondary market Treasury bond/bill transacted volume for 2 July was Rs. 5.33 billion.

In money markets, the weighted average rates on overnight call money and repo was registered at 4.94% and 4.95% respectively as the overnight net liquidity surplus stood at Rs. 81.06 billion yesterday. An amount of Rs. 150.31 was deposited at Central Banks SDFR (Standard Deposit facility Rate) of 4.50% against an amount of Rs. 69.25 billion that had been withdrawn from Central Banks SLFR (Standard Lending facility Rate) of 5.50%.

USD/LKR

In Forex markets, the overall market continued to remain inactive yesterday. The total USD/LKR traded volume for 2 July was $ 71.54 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.