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.
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.
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.
The ASPI rose 68 points to end a five-day slide, while Treasury yields held steady and the rupee firmed to LKR 330.70 per.
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.
Sri Lanka's medium-term government bond yields rose up to 40 bps over a week, led by the 6-year, before easing slightly on the.
ASPI slipped 0.02% to 20,813 as CBSL held the policy rate at 8.75%. Turnover hit LKR 1.55Bn, T-bill yields rose and LKR held.
Medium-term government bond yields rose up to 30 bps this week as investors await the Central Bank's policy decision.