Short-Term Treasury Bill Yields Fall Sharply as Banking System Liquidity Tightens
Short-term Treasury bill yields drop over 20bps at auction as banking system liquidity contracts, with mixed moves across the bond curve.
Short-term Treasury bill yields drop over 20bps at auction as banking system liquidity contracts, with mixed moves across the bond curve.
The LKR firms against the US dollar as banking system liquidity rises, coinciding with a broader decline in government security yields.
Treasury bill yields decline 18-33bps across all three tenors at Sri Lanka's latest auction, extending a broader drop in government rates.
Sri Lanka's government security yields drop 25-45bps week-on-week across the curve, with T-bill auction rates also declining.
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.