Banking System Liquidity Expands as Excess Funds Continue to Build
Excess liquidity in Sri Lanka's banking system climbed to LKR 330.9 billion, extending a multi-week trend as short-term yields continued to ease.
Excess liquidity in Sri Lanka's banking system climbed to LKR 330.9 billion, extending a multi-week trend as short-term yields continued to ease.
Sri Lanka's T-bill yields fell across all tenors at the latest auction, led by a 33bps drop in the 91-day rate, as banking.
Banking system liquidity in Sri Lanka rose to LKR 299.5Bn as the rupee appreciated to 334.79 against the US dollar.
Foreign holdings of Sri Lankan government securities rise for a sixth straight week even as equity market outflows persist.
Sri Lankan government securities yields ease up to 40bps week-on-week as banking system liquidity expands and foreign holdings climb.
Foreign holdings of Sri Lanka government securities rose 2.14% week-on-week, up nearly 42% since late June, even as equity outflows continue.
Foreign investors posted a LKR 2.36bn net outflow on the CSE, pushing YTD foreign selling past LKR 52bn, even as local turnover rose.
Sri Lanka banking system liquidity climbs to LKR 246.8Bn as foreign holdings of rupee government securities extend weekly gains.
T-bill rates decline at auction as secondary market bond yields ease up to 35bps week-on-week; foreign holdings of rupee bonds climb.
Overnight liquidity in Sri Lanka's banking system fell 19% in a single session to LKR 165.4Bn, even as Treasury yields eased.