- Bond market standoff continues
- Liquidity shortfall increases further
Activity yesterday in the secondary bond market was at a complete standstill once again with no trades taking place.
The total secondary market Treasury bond/bill transacted volume for 01st of September 2021 was Rs.17.65 billion.
In money markets, the net liquidity shortage increased further to Rs.214.70 billion yesterday with an amount of Rs.76.04 billion been deposited at Central Banks SDFR of 5.00% against an amount of Rs.290.74 billion withdrawn from Central Banks SLFR of 6.00%. The weighted average rates on call money and repo too increased further to 5.96% and 5.81% respectively.
Rupee trades after a lapse of over three months
In the Forex market, the USD/LKR rate on spot contracts was traded at a level of Rs.203.02 yesterday for the first time since 17th May 2021.
The total USD/LKR traded volume for 01st September 2021 was US $ 33.00 million.
(References: Central Bank of Sri Lanka, Bloomberg E-Bond trading platform, Money broking companies)