News & market updates

Secondary bond market yields closed marginally lower week-on-week, led by 2026-2028 tenors (15.02.28 traded 8.80%-8.68%; 15.10.28 8.90%-8.80%). The weekly T-bill auction was fully subscribed (Rs.113bn), 182-day yield rose 3bp to 7.78%, foreign treasuries fell Rs.1.14bn and USD/LKR closed at 300.10/300.20.

WealthTrust Securities said secondary Treasury bond yields were broadly unchanged on 2 July, with total secondary-market turnover of Rs.72.95 billion. Mid-2028 tenors eased; overnight call and repo averaged 7.75%, net liquidity surplus was Rs.91.05 billion and USD/LKR closed at 299.97/300.05.

WealthTrust Securities reports the weekly Treasury bill auction was fully subscribed, raising Rs.113 billion; secondary bond yields fell across the curve and the rupee appreciated to about Rs.299.95/300.05.

Rs. 295bn Treasury bond auction was 81.61% subscribed (Rs. 240.74bn raised), supporting a week‑on‑week decline in yields. Foreign holdings recorded a Rs. 2.84bn net outflow, money‑market liquidity rose to Rs.128.78bn and USD/LKR closed around 299.9.

Treasury Bill auction was undersubscribed with Rs.60.49bn (93.05% of Rs.65.00bn) accepted; the 182-day yield rose 2bp to 7.73%, secondary bond yields declined and the USD/LKR appreciated to Rs.300.05/300.15.

Secondary bond yields rose as money-market liquidity plunged to a weekly surplus of Rs.89.15bn (lowest since April) and the weekly Rs.132bn T-bill auction was undersubscribed (86.83% accepted). The rupee depreciated to Rs.300.50/300.65 and foreign holdings in rupee bonds saw a net outflow of Rs.165m.

WealthTrust Securities reports secondary Treasury bond yields rose on 18 June, with maturities trading from 8.00% to 10.60% and total secondary market volume at Rs.83.53bn; USD/LKR closed marginally weaker at Rs.300.55/300.75.

Treasury Bill auction was undersubscribed with only 86.83% (Rs.114.62bn) accepted of Rs.132bn offered and the 182-day yield rose 1bp to 7.73%. Secondary bond yields ticked up amid tighter liquidity and USD/LKR closed at Rs.300.40/300.60.

WealthTrust Securities reports secondary bond yields closed broadly steady week-on-week as the weekly T-bill auction (Rs.175bn) and T-bond auction (Rs.111bn) were fully subscribed. Foreign holdings rose by Rs.2.62bn to Rs.98.07bn and the rupee depreciated to about Rs.300/USD.

The Treasury Bond auction on 12 June was fully subscribed, raising the full Rs.111 billion with the popular 15.10.29 tenor fully allocated at a 9.41% weighted average yield (below expectations). Secondary bond turnover was healthy (Rs.95.74bn) and the rupee weakened slightly to Rs.299.00/299.15.

WealthTrust Securities reports secondary bond yields edged lower and the weekly T-bill auction of Rs.167.5bn was fully subscribed, with 182‑day and 364‑day yields down four basis points. Foreign net inflows to rupee treasuries continued for a third week and the rupee appreciated.

Weekly T-Bill auction was fully subscribed at Rs.167.50bn, with the 182-day WAYR down 4bps to 7.77% and the 364-day to 7.94%, prompting secondary bond yields to fall and healthy trading volumes. USD/LKR was broadly steady at ~299.33 and net liquidity surplus was Rs.163.09bn.

Secondary bond market rallied and yields fell after the Central Bank cut the Overnight Policy Rate by 25 bps; primary T-bill and bond auctions were fully subscribed, raising Rs.162.5bn (T-bills) and Rs.200.0bn (bonds) at lower yields. Money market liquidity rose to Rs.203.79bn and foreign net inflows into rupee treasuries were Rs.2.49bn.

The Treasury raised the full Rs.200 billion offer at auction as secondary bond buying pushed yields lower after the CBSL cut the overnight policy rate by 25bp; key auction yields were 8.85% (01.07.28), 9.47% (15.12.29) and 10.46% (15.09.34). The rupee marginally appreciated to Rs.299.35/299.45 and secondary bond turnover on 28 May was Rs.125.317 billion.

WealthTrust reports the Rs.162.50bn T‑Bill auction was fully subscribed and weighted average yields fell (91-day 7.55%, 364-day 7.98%) after a 25bp OPR cut. Secondary bond yields continued to decline ahead of today's Rs.200.00bn Treasury Bond auction.

WealthTrust Securities reports secondary government bond yields fell after the Central Bank cut the OPR by 25bp, with key maturities easing (e.g. 15.12.26 ~8.36%, 15.03.31 ~10.30%). The Treasury announced a Rs.200bn bond auction for 29 May: Rs.40bn (1-Jul-2028, 9.00%), Rs.80bn (15-Dec-2029, 11.00%), Rs.80bn (15-Sep-2034, 10.25%).

CBSL cut the Overnight Policy Rate by 25 bps, after which secondary bond yields fell across maturities and yields shifted lower; a Rs.157.50bn T‑Bill auction was fully subscribed. Foreign holdings in rupee treasuries rose by Rs.0.55bn and the rupee closed near Rs.299.45.

Central Bank cut the Overnight Policy Rate by 25 basis points to 7.75%. Secondary bond yields closed marginally lower, the rupee appreciated to Rs.299.35/299.45, and total secondary Treasury turnover was Rs.25.50 billion.

WealthTrust Securities reports the Rs.157.50bn T‑Bill auction was fully subscribed, with 182‑day and 364‑day yields dipping to 7.97% and 8.29%. Secondary bond yields traded broadly steady ahead of today's Monetary Policy announcement; USD/LKR closed at 299.60/299.65 and net liquidity surplus was Rs.163.15bn.

WealthTrust Securities: secondary bond yields fell and the Rs.173.00bn T‑Bill auction was fully subscribed; 91/182/364-day weighted average rates were 7.65%, 7.98% and 8.30%. USD/LKR closed near Rs.299.2 and foreign holdings in rupee treasuries fell by Rs.1.38bn.

WealthTrust Securities: Secondary bond yields were broadly steady with short-tenors easing and profit-taking lifting 2028-29 yields ahead of a Rs.80.00 billion Treasury Bond auction (Rs.35bn 15-Oct-2029 at 10.35% and Rs.45bn 01-Nov-2032 at 9.00%) settling 15 May.

T-bill auction was undersubscribed with Rs.122.74bn accepted of Rs.130bn offered; weighted average rates were broadly steady (91d 7.65%, 182d 7.98% up 1bp, 364d 8.30%). Secondary bond market was positive with yields falling on 2027–2031 tenors; USD/LKR spot ~299.37/299.42.

Secondary bond yields declined during the week as the Treasury Bond auction on 28 April fully raised Rs.155.00 billion (total bids 2.91x) and the T-Bill auction raised Rs.145.00 billion. Foreign holdings in Rupee treasuries rose by Rs.600.00 million and USD/LKR closed near Rs.299.50.

Wealthtrust Securities reports secondary bond yields edged up slightly in 2028-29 maturities (e.g., 15.10.28 at 10.00%-10.05%), money-market liquidity surplus rose to Rs.168.88bn and USD/LKR closed at Rs.299.52/299.55.

WealthTrust Securities reports secondary bond yields fell, notably across 2028–2029 tenors, ahead of the Rs.115bn Treasury bond auction on 28 Apr as demand rose amid IMF staff-level agreement hopes; foreign holdings saw a net inflow of Rs.3.33bn and USD/LKR closed near 299.7.

Secondary bond yields declined with strong buying in 2028–29 tenors, money-market liquidity rose to a net surplus of Rs.105.88 billion and USD/LKR depreciated to about 300.05/300.12. Treasury bond auctions totaling Rs.115.00 billion are scheduled for 28 April.

Secondary bond market yields reversed late in the week after a fully subscribed Rs.100bn Treasury bond auction that issued the 15.12.29 maturity at a weighted average yield of 10.64%. The weekly T-bill auction was undersubscribed (Rs.3.75bn of Rs.80bn), foreign holdings fell by Rs.8.57bn and USD/LKR closed ~298.2.

Treasury Bond auction fully subscribed, raising Rs.100 billion at competitive bidding; 15.12.29 issued at a WAYR of 10.64% and 15.09.34 at 11.21%, secondary-market yields fell and USD/LKR tightened to about Rs.298.50/299.50.

WealthTrust Securities reports secondary Treasury bond yields fell across 2028–2034 maturities with total secondary market volume Rs.21.64bn; USD/LKR depreciated to 296.30/296.45 and net overnight liquidity surplus was Rs.181.72bn.

At the 4 March T-bill auction, weighted average yields fell across maturities (91-day 7.53%, 182-day 7.86%, 364-day 8.34%) and the full Rs.167bn on offer was raised with bids 1.90x. Secondary bond market closed broadly steady and USD/LKR depreciated slightly to 295.30/295.50.