Banking System Liquidity Tightens as Excess Funds Decline
Excess liquidity in Sri Lanka's banking system dropped to LKR 347.55Bn from LKR 381.40Bn, coinciding with a week of higher bond market activity.
Excess liquidity in Sri Lanka's banking system dropped to LKR 347.55Bn from LKR 381.40Bn, coinciding with a week of higher bond market activity.
Treasury bond yields climb up to 20bps week-on-week in Sri Lanka, with the steepest moves in the five-to-nine-year segment of the curve.
Government bond yields climb on the belly of the curve as markets brace for a LKR 150bn Treasury bond auction on Thursday.
Sri Lanka's official reserves grew 4.6% MoM to $6.9bn in August, CBSL data shows, as the rupee held steady near LKR 328.75/USD.
ASPI and S&P SL20 fall 0.5% as banking stocks lead thin trading; bond yields firm ahead of Thursday's Treasury auction.
Excess liquidity in Sri Lanka's banking system rises to LKR 362.14Bn even as government bond yields climb on selling pressure.
Government bond yields climb up to 30bps on 4-8 year tenors as short-term bill rates decline, signaling a shifting Sri Lanka yield curve.
ASPI closes nearly flat as Colombo bond yields climb and banking liquidity improves. Full Sri Lanka market snapshot with key numbers.
Select long-tenor bond yields jump over 20bps while Treasury bill rates decline across all tenors at latest auction.
T-bill yields dipped across 91-day, 182-day and 364-day tenors at Sri Lanka's latest auction, easing short-term borrowing costs.