Daily Bond Buzz

Bond yields increase in limited trades

The start of a fresh trading week saw secondary market bond yields increasing marginally yesterday on the back of moderate activity. Trades were witnessed on the maturities of 15.03.23 and 01.12.24 at levels of 6.77% to 6.80% and 8.25% to 8.27% respectively.

The total secondary market Treasury bond/bill transacted volume for 03rd of September 2021 was Rs.0.85 billion.

In money markets, the weighted average rates on overnight call money and repo remained mostly unchanged at 5.95% and 5.86% respectively as the overnight net liquidity shortage remained mostly unchanged at Rs.181.04 billion yesterday. An amount of Rs.85.75 was deposited at Central Banks SDFR (Standard Deposit facility Rate) of 5.00% against an amount of Rs.266.80 billion been withdrawn from Central Banks SLFR (Standard Lending facility Rate) of 6.00%.

USD/LKR 

In the Forex market, the overall market continued to remain inactive yesterday.

The total USD/LKR traded volume for 03rd September 2021 was US $ 0.50 million.

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