Treasury Yields Slide Across the Curve as Rate Expectations Shift
Sri Lanka's government security yields drop 25-45bps week-on-week across the curve, with T-bill auction rates also declining.
Sri Lanka's government security yields drop 25-45bps week-on-week across the curve, with T-bill auction rates also declining.
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.
Sri Lanka's 3-month T-bill yield fell 33bps to 9.44% as the PDMO fully subscribed its LKR 140Bn weekly auction.
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.
T-bill yields eased across the curve with 6-month rates down 22bps at auction and 28bps in secondary trading. Liquidity tightened.
Sri Lanka's 3-7Y bond yields fell up to 30bps week-on-week while the 10-year tenor rose 30bps, marking a sharp curve divergence.
Sri Lanka's 10-year and 13-year bond yields rose up to 35bps this week as short-end rates held steady and liquidity tightened.
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 yield curve steepens as 5-6 year bond yields climb over 20 basis points while short-term T-bill rates ease ahead of a.