Click here to view the article
Daily report for the 03rd July 2025- Courtesy Wealth Trust Securities Ltd
- Secondary Bond Market Holds Steady
- Rupee Steady
The secondary bond market yesterday saw yields move sideways – trading within a narrow band. The market appeared to consolidate, with two-way quotes in the secondary market closing broadly unchanged at the end of the day. The mid 2028 tenors bucked the trend and saw yields edge down further.
The 15.12.26 maturity was seen changing hands at the rate of 8.07%. The 15.02.28, 15.03.28, 01.07.28 and 15.12.28 maturities were seen trading lower at the rates of 8.68%, 8.70%-8.69%, 8.72% and 8.85%-8.83% respectively. The 15.06.29, 15.09.29,15.10.29 and 15.12.29 maturities were seen trading at the rates of 9.32%-9.30%, 9.37%-9.35%, 9.38%-9.34% and 9.40%-9.36% respectively. The 15.03.31 maturity traded at the rate of 9.95%-9.92%. The 15.12.32 maturity traded at the rates of 10.35%-10.33%. The 01.11.33 maturity was seen trading at the rate of 10.63%.
The total secondary market Treasury bond/bill transacted volume for 02nd July was Rs.72.95 billion.
In money markets, the weighted average rates on overnight call money and Repo stood at 7.75% each.
The net liquidity surplus was recorded at Rs. 91.05 billion yesterday. An amount of Rs. 0.05 billion was withdrawn from the Central Banks SLFR (Standing Lending Facility Rate) of 8.25%, while an amount of Rs. 91.10 billion was deposited at Central Banks SDFR (Standard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. 299.97/300.05.
The total USD/LKR traded volume for 02nd July was US $ 56.15 million.
(References: Central Bank of Sri Lanka, Bloomberg E-Bond trading platform, Money broking companies)