By Wealth Trust Securities

The secondary bond market commenced the new trading week on a dull note yesterday as activity was limited only to the 01.06.25 maturity at 28.75%.

 In the secondary bill market, October maturities traded at levels of 25.25% to 26.00%.

The total secondary market Treasury bond/bill transacted volume for 16 September was Rs. 9.04 billion.   

In money markets, the weighted average rate on overnight REPO stood at 15.50% while an amount of Rs. 764.50 billion was withdrawn from Central Banks SLFR (Standard Deposit Facility Rate) of 15.50%. 

The net liquidity deficit stood at Rs. 416.10 billion yesterday as an amount of Rs. 348.39 billion was deposited at the Central Bank›s 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 yesterday.

The total USD/LKR traded volume for 16 September was $ 23.57 million.

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

Stock market takes breather