ASPI Snaps Five-Day Losing Run as Yields Hold Steady and Rupee Edges Firmer
The ASPI rose 68 points to end a five-day slide, while Treasury yields held steady and the rupee firmed to LKR 330.70 per.
The ASPI rose 68 points to end a five-day slide, while Treasury yields held steady and the rupee firmed to LKR 330.70 per.
Sri Lanka's T-bill auction raised LKR 80Bn in phase one, with yields up at every tenor: 3M at 9.25%, 6M at 9.41% and.
Sri Lanka's medium-term government bond yields rose up to 40 bps over a week, led by the 6-year, before easing slightly on the.
ASPI slipped 0.02% to 20,813 as CBSL held the policy rate at 8.75%. Turnover hit LKR 1.55Bn, T-bill yields rose and LKR held.
Medium-term government bond yields rose up to 30 bps this week as investors await the Central Bank's policy decision.
Sri Lanka's banking system liquidity rises 24% in a session to LKR 363.87Bn as the rupee appreciates modestly against the US dollar.
Government bond yields fall up to 60bps weekly at the belly-to-long end of Sri Lanka's curve, even as T-Bill auction yields edge higher.
Sri Lanka's government securities yield curve eases 10-15bps after Fitch's rating upgrade, even as T-bill auction yields rise.
Foreign holdings of Sri Lankan government securities dropped to LKR 206.1Bn, ending seven weeks of steady accumulation.
Short and mid-tenor government bond yields fell on buying interest, while 2034 and 2035 maturities saw modest selling pressure.