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Daily report for the 24th July 2025- Courtesy Wealth Trust Securities Ltd
- Secondary Bond Market Activity Remains Dull
- Rupee Steady
The secondary bond market yields remained mostly unchanged yesterday with activity remaining subdued. Trading was at a virtual standstill for much of the day. Limited trades were witnessed on the shorter tenor 01.05.27, 15.02.28, 15.10.29 and 15.12.29 maturities at the rates of 8.39%, 8.81%, 9.48% and 9.54% respectively. The medium tenor 15.10.30 maturity was seen trading at the rate of 9.81%.
The total secondary market Treasury bond/bill transacted volume for 23rd July was Rs. 8.12 billion.
In money markets, the weighted average rates on overnight call money and Repo stood at 7.82% and 7.83% respectively.
The net liquidity surplus was recorded at Rs. 86.24 billion yesterday. An amount of Rs. 0.62 billion was withdrawn from the Central Banks SLFR (Standing Lending Facility Rate) of 8.25%, while an amount of Rs. 86.86 billion was deposited at Central Banks SDFR (Standard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 steady at Rs. 301.80/301.85 unchanged the previous day.
The total USD/LKR traded volume for 23rd July was US $ 59.88 million.
(References: Central Bank of Sri Lanka, Bloomberg E-Bond trading platform, Money broking companies)