Banking System Liquidity Expands as Excess Funds Continue to Build
Excess liquidity in Sri Lanka's banking system climbed to LKR 330.9 billion, extending a multi-week trend as short-term yields continued to ease.
Excess liquidity in Sri Lanka's banking system climbed to LKR 330.9 billion, extending a multi-week trend as short-term yields continued to ease.
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 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 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.