Colombo Bourse Holds Steady as Bond Yields Climb Ahead of Major Auction
ASPI edges up as Colombo's bond market braces for a LKR 250 billion Treasury auction, with long-term yields climbing and liquidity rising.
ASPI edges up as Colombo's bond market braces for a LKR 250 billion Treasury auction, with long-term yields climbing and liquidity rising.
Foreign investor holdings of rupee government debt climb to LKR 176.6Bn, even as foreign selling continues in Colombo Stock Exchange equities.
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.
ASPI rises for a third session as CSE turnover falls below monthly average; treasury yields climb at mid-to-long tenors and foreign buying lifts.
Secondary market bond yields climbed up to 30bps at the belly of the curve as investors position ahead of Wednesday's CBSL policy announcement.
CSE turnover surged past LKR 3Bn on a single block trade, but the ASPI fell and foreign outflows persisted. Full market snapshot inside.
Foreign investment in Sri Lankan government securities rose again this week, extending a steady climb of nearly 46% since early June.
Yields on Sri Lanka's long-dated government securities climbed up to 50bps this week, even as short-tenor rates eased and secondary trading stayed thin.
Foreign investor holdings of rupee-denominated government bonds rose sharply week-on-week, continuing a steady build-up that has been underway since late May Foreign investor.
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.