Limited activity in secondary bond and bill market

Friday, 6 May 2022 00:00 - - {{hitsCtrl.values.hits}}

By Wealth Trust Securities

The secondary bond and bill market witnessed limited trading activity yesterday. In the bond market, the 01.05.27 maturity was seen changing hands within the range of 21.50% to 21.90% while in bills, 15th July 2022, 05th August 2022 and 05th May 2023 maturities changed hands at levels of 21.00%, 22.00% to 22.50% and 23.00% respectively.

The total secondary market Treasury bond/bill transacted volume for 04th May 2022 was Rs.7.66 billion.

In money markets, the weighted average rates on overnight Call money and REPO was registered at 14.50% each while the net liquidity deficit stood at Rs.587.55 billion yesterday. An amount of Rs.184.70 billion was deposited at Central Banks SDFR (Standard Deposit Facility Rate) of 13.50% while an amount of Rs.772.25 billion was withdrawn from Central Banks SLFR (Standard Deposit Facility Rate) of 14.50%.

Forex Market

The Forex market continued to remain inactive.

The total USD/LKR traded volume for 04th May 2022 was US $ 13.00 million.

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