Daily Bond Buzz

Bond yields remain mostly unchanged in moderate trading

The start of a new trading week saw bond yields hold steady as activity moderated yesterday. Limited trades were seen on the maturities of 15.01.23, 15.11.23, 15.12.23, 01.12.24 and 15.10.25 at levels of 5.72% to 5.75%, 6.30%, 6.32%, 6.90% and 7.27% respectively while in the secondary bill market, 08th October 2021 bill changed hands at a level of 5.19%.

 The total secondary market Treasury bond/bill transacted volume for 06th of August 2021 was Rs.4.78 billion.   

In money markets, the weighted average rates on overnight call money and repo remained mostly unchanged at 5.03% and 5.09% respectively as the overnight net liquidity surplus increased to Rs.53.89 billion yesterday. An amount of Rs.144.94 was deposited at Central Banks SDFR (Standard Deposit facility Rate) of 4.50% against an amount of Rs.91.05 billion been withdrawn from Central Banks SLFR (Standard Lending facility Rate) of 5.50%.

USD/LKR 

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

The total USD/LKR traded volume for 06th August 2021 was US $ 22.00 million.

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