Banking System Liquidity Falls LKR 21 Billion to LKR 354 Billion
Banking system liquidity fell 5.7% to LKR 353.98 billion in one session, as LKR 80.9 billion in Treasury bills mature this week.
Banking system liquidity fell 5.7% to LKR 353.98 billion in one session, as LKR 80.9 billion in Treasury bills mature this week.
Sri Lanka's T-bill auction drew LKR 201.2 billion in bids for LKR 80 billion offered, with 91-day rates up 5 bps to 9.25%.
Sri Lanka's current account posted a USD 133.4 million surplus in August, ending four months of deficits, though the year-to-date gap stands at.
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.
Foreign holdings of Sri Lanka government securities rose 3.98% week-on-week, extending a steady multi-week climb in overseas demand.
Sri Lanka's overnight banking liquidity jumps to LKR 218Bn as the rupee holds steady against the dollar. What it means for funding costs.
Sri Lanka's 182-day T-bill yield drops 22bps at auction while secondary bond yields hold steady; liquidity expands. Full report.
Long-tenor government bond yields climbed this week even as short-term T-Bill rates continued to ease, steepening Sri Lanka's yield curve.
Sri Lanka's central bank kept its policy rate unchanged at 8.75%, saying May's tightening is still transmitting through the economy.
Foreign investment in Sri Lankan government securities rose again this week, extending a steady climb of nearly 46% since early June.