Bond market at a complete standstill
The secondary bond market was at a complete standstill yesterday as market participants continued to be on the sidelines.
The total secondary market Treasury bond/bill transacted volume for 06th October 2021 was Rs.29.35 billion.
In money markets, the weighted average rates on overnight call money and repo remained steady at 5.90% and 5.92% respectively as an amount of Rs.142.09 billion was withdrawn from Central Banks SLFR (Standard Deposit Facility Rate) of 6.00%. The Domestic Operations Department (DOD) of the Central Bank of Sri Lanka drained out an amount of Rs.7.05 billion by way of a 7 day Repo auction at a weighted average rate of 5.98% while an amount of Rs.86.83 billion was deposited at Central Banks SDFR (Standard Deposit Facility Rate) of 5.00%. The net overnight liquidity shortfall remained mostly unchanged at Rs.48.21 billion yesterday.
USD/LKR
In the Forex market, the USD/LKR rate on spot contracts traded at levels of Rs.202.97 to Rs.202.99 yesterday.
The total USD/LKR traded volume for 06th October 2021 was US $ 14.00 million.
(References: Central Bank of Sri Lanka, Bloomberg E-Bond trading platform, Money broking companies)