Sri Lanka T-Bond Auction Closes with Phase 2 Yields at 11.44% and 11.88% as Short-End Secondary Yields Rise
Phase 2 results from the June 26 Treasury Bond auction are now confirmed, while short-tenor secondary market yields have risen up to 17.
Phase 2 results from the June 26 Treasury Bond auction are now confirmed, while short-tenor secondary market yields have risen up to 17.
Week-on-week yield declines of up to 15 basis points were recorded across short and mid-tenor bonds on June 25, while selling pressure emerged.
Strong investor demand saw bids nearly double the offered amount, though weighted average yields rose across all three tenors, signaling that investors priced.
Yields across the 2-year to 10-year maturities declined sharply week-on-week, signaling improved appetite for government securities in the secondary market. Sri Lanka’s secondary.