Foreign Holdings of Sri Lanka Government Securities Climb 4.54% in a Week
Foreign investor holdings of rupee government debt climb to LKR 176.6Bn, even as foreign selling continues in Colombo Stock Exchange equities.
Foreign investor holdings of rupee government debt climb to LKR 176.6Bn, even as foreign selling continues in Colombo Stock Exchange equities.
Government securities yields climb up to 30bps week-on-week in mid-to-long tenors, while foreign holdings of local bonds rise 4.54% and short-term rates ease.
Sri Lanka's overnight banking system liquidity rose to LKR 175.2Bn as CBSL held rates steady and short-term T-bill yields eased.
Sri Lanka's central bank kept its policy rate unchanged at 8.75%, saying May's tightening is still transmitting through the economy.
Foreign investor holdings of Sri Lankan government securities climbed 4.5% weekly, extending a seven-week uptrend concentrated in 2030 maturities.
Secondary market bond yields climbed up to 30bps at the belly of the curve as investors position ahead of Wednesday's CBSL policy announcement.
CSE turnover surged past LKR 3Bn on a single block trade, but the ASPI fell and foreign outflows persisted. Full market snapshot inside.
ASPI and S&P SL20 both declined as CSE turnover surged past its monthly average; bond yields rose at the long end ahead of.
Foreign investor holdings of rupee-denominated government bonds rose sharply week-on-week, continuing a steady build-up that has been underway since late May Foreign investor.
Long-term Sri Lanka government bond yields surged up to 50 basis points week-on-week to July 15, with the 11Y tenor hitting 12.50% as.