Daily Bond Buzz

  • Bond market activity remains dull
  • Liquidity turns negative

The fresh trading week commenced on a dull note yesterday with trades only witnessed on the 15.03.23 maturity at levels of 5.95% to 6.00%.

The total secondary market Treasury bond/bill transacted volume for 13th of August 2021 was Rs.29.92 billion.   

The money market liquidity turned negative for the first time since 10th September 2019 to record a deficit of Rs.17.45 billion yesterday. Nevertheless, the weighted average rates on overnight call money and repo remained mostly unchanged at 5.05% and 5.07% respectively as an amount of Rs.85.65 was deposited at Central Banks SDFR (Standard Deposit facility Rate) of 4.50%. An amount of Rs.103.11 billion was withdrawn from Central Banks SLFR (Standard Lending facility Rate) of 5.50%.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 13th August 2021 was US $ 12.12 million.

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