Foreign Holdings of Government Securities Extend Weekly Gain
Foreign investor holdings of Sri Lankan government securities climb 1.31% week-on-week to LKR 213.4 billion amid rising yields.
Foreign investor holdings of Sri Lankan government securities climb 1.31% week-on-week to LKR 213.4 billion amid rising yields.
Treasury bill yields climb 11-15bps across the 91-day, 182-day and 364-day tenors, signaling firmer short-term government borrowing costs.
Government securities yields climb up to 55bps week-on-week, led by 2-year tenor, as T-bill auction rates also rise across all maturities.
LKR weakens modestly to 331.89 against the USD, moving alongside rising government securities yields and tighter banking liquidity.
Sri Lanka's banking system liquidity falls to LKR 317.84Bn, extending a multi-session decline amid rising government securities yields.
Sri Lanka Treasury bill yields climb 11-15bps across 91, 184 and 364-day tenors as short-term rates continue upward trend.
Sri Lanka govt securities yields jump sharply this week as T-bill rates and bond yields rise across nearly all tenors amid tighter liquidity.
Foreign holdings of Sri Lankan government securities have climbed steadily since late July, even as foreign investors remain net sellers of equities.
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.