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Daily report for the 14th July 2025- Courtesy Wealth Trust Securities Ltd
Secondary Bond Market Consolidates; Activity Subdued
The secondary bond market kicked off the week on a quiet note, with yields holding broadly steady as activity remained range-bound. Most market participants stayed on the sidelines, keeping the market in a consolidation phase amid the absence of strong directional cues.
Accordingly, limited trades were seen on selected maturities. The 01.02.26, 01.05.27, 15.03.28, 01.05.28 and 15.12.28 maturities were seen trading at the rates of 7.90%, 8.35-8.45%, 8.76% and 8.99% respectively.
The total secondary market Treasury bond/bill transacted volume for 11th July was Rs. 43.32 billion.
In money markets, the weighted average rates on overnight call money and Repo stood at 7.75% and 7.76% respectively.
The net liquidity surplus was recorded at Rs. 109.03 billion yesterday. An amount of Rs. 5.15 billion was withdrawn from the Central Banks SLFR (Standing Lending Facility Rate) of 8.25%, while an amount of Rs. 114.19 billion was deposited at Central Banks SDFR (Standard Deposit Facility Rate) of 7.25%.
Forex Market
In the Forex market, the USD/LKR rate on spot contracts closed the day at Rs. 300.97/301.00 as against 300.70/301.00 the previous day.
The total USD/LKR traded volume for 11th July was US $ 68.10 million.
(References: Central Bank of Sri Lanka, Bloomberg E-Bond trading platform, Money broking companies)