Government Securities Yields Fall Sharply Across Curve on Renewed Buying Interest
T-bill rates decline at auction as secondary market bond yields ease up to 35bps week-on-week; foreign holdings of rupee bonds climb.
T-bill rates decline at auction as secondary market bond yields ease up to 35bps week-on-week; foreign holdings of rupee bonds climb.
Sri Lanka's 182-day T-bill yield drops 22bps at auction while secondary bond yields hold steady; liquidity expands. Full report.
Sri Lanka's overnight banking liquidity rose to LKR 173.8 billion as short-term rates eased ahead of a major Treasury bond auction.
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.
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 central bank kept its policy rate unchanged at 8.75%, saying May's tightening is still transmitting through the economy.
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.
Phase 2 results from the June 26 Treasury Bond auction are now confirmed, while short-tenor secondary market yields have risen up to 17.
Excess liquidity in the banking system expanded further on July 6, reaching a level materially above the LKR 61 to 82 billion range.
Week-on-week yield declines of up to 15 basis points were recorded across short and mid-tenor bonds on June 25, while selling pressure emerged.