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.
The ASPI edged up 0.03% to 20,650 as turnover fell below its monthly average. Bond yields, the rupee and banking liquidity in focus.
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.
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 medium-term government bond yields rose up to 40 bps over a week, led by the 6-year, before easing slightly on the.
Medium-term government bond yields rose up to 30 bps this week as investors await the Central Bank's policy decision.
ASPI slipped 0.44% on thin turnover while bond yields rose ahead of the CBSL policy decision. Full market snapshot.
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.