Government Bond Yields Edge Up at the Shorter End but Stay Below Last Week’s Levels
Two- and three-year government bond yields rose 8 bps in thin trading, while most longer maturities remain below last week's levels.
Two- and three-year government bond yields rose 8 bps in thin trading, while most longer maturities remain below last week's levels.
Foreign investors were net sellers on the CSE again, taking year-to-date outflows to LKR 57.7 billion. One stock drove most of the buying.
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 Treasury yields rose 5-10 bps in mid-maturities and fell 5 bps on some bills over the week; bill auction bids hit.
Foreign investors were net sellers on 7 of 9 Colombo sessions, and holdings of government securities fell 7.7% from their September peak.
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%.
Foreign holdings of Sri Lankan government securities fell 4.45% to LKR 196.9 billion, a second weekly drop and 7.7% below the mid-September peak.
Sri Lanka's T-bill auction raised LKR 80Bn in phase one, with yields up at every tenor: 3M at 9.25%, 6M at 9.41% and.
Treasury bill auction drew Rs. 144.6 billion in bids for Rs. 60 billion offered, with yields up 1-5 bps. See the yields and.
Sri Lanka government bond yields fell up to 15 bps on the week while T-bill yields rose 3-5 bps. See the yield curve.