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View all(98)💵 Sri Lanka to Raise US$ 100 Mn via Domestic Dollar Bond Auction
Sri Lanka's public debt office is issuing dollar-denominated domestic bonds to absorb local foreign currency liquidity and bolster official reserves. • Key Auction Terms • Debt Auction Details: Sri Lanka's Treasury is issuing 1-year, 2-year, and 3-year fixed-rate dollar-denominated bonds to raise US$ 100 Mn from the local market. • Subscription & Terms: Bidding opens from Oct 19 to Oct 23, 2026. Interest rates will be set via competitive bidding, with a minimum investment threshold of US$ 10,000 (and in multiples of US$ 10,000). • Economic Context: The move leverages domestic foreign currency liquidity—including potential investments from exporters under updated regulations—to boost national foreign reserves and manage debt service needs.
Sri Lanka Rupee Closes Lower at 331.00/10 Against US Dollar; Bond Yields Steady 📉
• Forex & Exchange: • US Dollar: Spot rate closed weaker at 331.00/10 per USD on Tuesday, down from 330.90/331.00 on the previous day. • Government Securities & Bonds: • Bond yields were broadly steady across key maturities. • 01.08.2030: Closed at 11.30/35% (down from 11.30/37%). • 15.10.2030: Closed at 11.35/40% (down from 11.37/40%). • 01.02.2031: Closed flat at 11.42/47%. • 15.12.2032: Closed flat at 11.75/85%. • 15.10.2034: Closed at 12.12/18% (down from 12.15/20%). • Upcoming Liquidity: • Treasury bill auction scheduled for October 14, targeting LKR 90,000 Mn (Rs 90 Bn).
📈 CBSL Open Market Operations Summary - 13 Oct 2026
• Overnight Money Market: • Call Money: Total gross volume stood at Rs. 34,975 Mn (Net: Rs. 29,975 Mn) with a Weighted Average Rate (WAR) of 8.99% (Range: 8.95% - 9.02%). • Repo Market: Total volume reached Rs. 86,555 Mn with a WAR of 9.04% (Range: 9.00% - 9.07%). • Open Market Operations: • Overnight Repo Auction: Rs. 60,000 Mn offered; Bids received and accepted totaled Rs. 11,000 Mn. WAR recorded at 8.71% (Cut-off: 8.70% - 8.75%). • 7-Day Short Term Repo Auction: Rs. 20,000 Mn offered, but no bids were received/accepted (based on provisional data). • CBSL Standing Facilities: • Standing Deposit Facility: Rs. 104,982 Mn utilized. • Standing Lending Facility: Rs. 155 Mn utilized. • CBSL Treasury Holdings: • Face Value: Rs. 2.49 Tn (Rs. 2,492,619.35 Mn). • Book Value: Rs. 1.53 Tn (Rs. 1,530,310.39 Mn).
Sri Lanka Stocks Dip Mid-Morning; Market Turnover Reaches Rs. 213.11 Mn 📈
• Market Indices Movement: The benchmark All Share Price Index (ASPI) dipped marginally by 0.04% (-8.97 pts) to 20,251 after opening in green. Meanwhile, the liquid S&P SL20 rose 0.12% (+7.02 pts) to 5,790. Total turnover stood at Rs. 213.11 Mn. • Sector & Stock Drivers: • The Food, Beverage & Tobacco sector led turnover with Rs. 63.11 Mn. • Top gains: Ambeon Holdings (+5.18%), Hemas Holdings (+2.32%), and Ceylon Cold Stores (+1.71%). • Top declines: Colombo Dockyard (-1.71%), Overseas Realty (-0.99%), and Sri Lanka Telecom (-0.97%). • Corporate Updates: • Financials & Insurance: Softlogic Life Insurance plans to merge subsidiary Softlogic Life Insurance Lanka into the parent entity, pending Colombo District Court approval. • Tourism & Hospitality: Dinlanka Logistics acquired a 20 Mn share block (11.11% stake) in Ceylon Hotels Corporation PLC at Rs. 30.00/share on Oct 12. • Manufacturing & Exports: Dipped Products launched operations at its new Rs. 4.2 Bn facility in Katunayake EPZ to boost value-added glove production for export.
📈 IMF Warns of AI Slowdown, Spiking Bond Yields & Cyber Risks to Global Markets
The International Monetary Fund (IMF) warned in its latest Global Financial Stability Report against market complacency, identifying key near-term catalysts that could trigger systemic market disruptions: • AI Sector Vulnerabilities: A potential drop in AI profits or investment momentum could trigger asset price selloffs. Debt risks have grown, with hyperscalers accounting for 10% of global investment-grade bond issuance (up from <1% in 2024). • Rising Bond Yields & Debt Burdens: Escalating energy prices, high sovereign debt, and fiscal deficits threaten to spike government bond yields, increasing rollover costs for debt-reliant nations—a factor closely monitored by emerging economies navigating external debt sustainability. • Cybersecurity Threats: Over 70% of software vulnerabilities in 2026 were exploited before patches were available (up 20 percentage points YoY). A severe attack on key financial infrastructure risks market-wide disruption. • Global Banking Resilience: Stress tests indicate overall bank capital remains robust, though "pockets of weakness" expanded, with vulnerable assets rising to 22% of global banking assets (up from 18% in 2025). _Source: Based on provisional data from the IMF Global Financial Stability Report._
📈 Sri Lanka Rupee Slightly Weaker at 330.90/331.00; Bond Yields Broadly Steady
• Foreign Exchange: The Sri Lankan rupee closed slightly weaker in the spot market on Monday at 330.90/331.00 against the US dollar, compared to 330.85/95 in the previous session. • Government Securities Market: Yields on Sri Lanka treasury bonds remained broadly stable across key maturities: • 01.08.2030 bond: closed at 11.30/37% (up from 11.30/35%) • 15.10.2030 bond: closed flat at 11.37/40% • 01.02.2031 bond: closed flat at 11.42/47% • 15.12.2032 bond: closed flat at 11.75/85% • 15.10.2034 bond: closed at 12.15/20% (up from 12.10/15%)
📈 Sri Lanka Bond Market Subdued Ahead of Rs. 100 Bn Auction; Yields Hold Steady
• Secondary Bond Market Overview: Yields remained broadly steady amid subdued trading activity ahead of today's Treasury Bond auctions. • Trading Rates: • 15.12.28 maturity: 10.67% • 15.10.30 maturity: 11.38% • 01.12.31 maturity: 11.60% • 15.10.34 maturity: Recovers to 12.15% (after peaking at 12.20%) • Upcoming Treasury Bond Auction: Rs. 100 Bn total offered across three maturities today: • 15.09.29 (11.00% coupon): Rs. 20 Bn • 01.12.31 (12.00% coupon): Rs. 30 Bn • 15.08.36 (10.85% coupon): Rs. 50 Bn • Settlement Date: 15 October 2026 • Previous Auction Recap: Full offered amount of Rs. 150 Bn raised with strong demand (2.58x bid-to-acceptance ratio). Weighted average yields: 01.08.30 at 10.83%, 15.10.34 at 11.96%, and 01.07.37 at 12.08%. • Money Market Liquidity: • Net liquidity surplus stood at Rs. 168.96 Bn. • Central Bank SDF deposits: Rs. 94.27 Bn (8.25%); SLF withdrawals: Rs. 0.32 Bn (9.25%). • Liquidity absorbed via overnight repo: Rs. 60 Bn (8.72%) and 7-day term repo: Rs. 15 Bn (8.75%). • Call money rate: 8.98% | Repo rate: 9.04%. • Forex Market: Spot USD/LKR closed slightly weaker at Rs. 330.95/331.00 (vs. previous Rs. 330.85/330.95). Total traded volume stood at US$ 71.60 Mn.
📉 CSE Opens Week in Red Down 0.28% Amid Mixed Sentiment
• Overall Bourse: The Colombo Stock Exchange (CSE) started the week on a soft note amid mixed investor sentiment. - ASPI: Down 0.28% (-56.85 points) to 20,260.06 (152 counters declined vs 56 advanced). - S&P SL20: Down 0.10% (-5.72 points) to 5,783.03. • Market Activity & Foreign Flows: - Turnover: Stood at nearly Rs. 1.2 Bn on volume exceeding 46.5 Mn shares traded. - Foreign Sentiment: Net buyers with a modest inflow of Rs. 7.2 Mn. - Key Drivers: High-net-worth (HNW) investors drove turnover, supported by an off-board transaction in CHOT accounting for 50.3% of total turnover. Retail interest remained moderate. • Sector Breakdown & Drag: - Consumer Services: Led market turnover contributing 51%, followed by capital goods and materials sectors collectively accounting for 20%. - Key ASPI Drag: Declines in HHL, CIC, CTHR, SEMB, and LOLC weighed down the main index.
📈 Sri Lanka Stocks Trend Marginally Up as ASPI Gains 0.10%
The Colombo Stock Exchange (CSE) moved up on Monday, with key indices showing modest gains supported by positive trading in core holdings. • Overall Market Performance: • Benchmark ASPI gained 0.10% (20.11 points) to reach 20,337.02. • S&P SL20 rose 0.36% (20.95 points) to settle at 5,809.70. • Total market turnover stood at LKR 54.93 Mn. • Sector & Corporate Highlights: • Capital goods sector led market turnover, contributing LKR 25.77 Mn. • Top positive contributors: SMB Finance (up 10.00% to LKR 1.10), Vidullanka (up 3.26% to LKR 22.20), diversified conglomerate John Keells Holdings (up 2.17% to LKR 18.80), LOLC Holdings (up 1.08% to LKR 419.75), and Dialog Axiata (up 0.90% to LKR 44.90). • Top negative contributors: John Keells Hotels (down 3.21% to LKR 15.10), Hemas Holdings (down 1.96% to LKR 30.00), Prime Lands Residencies (down 1.91% to LKR 35.90), and Distilleries Company of Sri Lanka (down 0.20% to LKR 50.90). • Corporate Announcement: Lion Brewery declared a first interim dividend of LKR 40.30 per share for FY2026/27, totaling LKR 3.224 Bn, with the entitlement date set for October 21, 2026.
📉 Sri Lanka Stocks Start Week Lower as ASPI Drops 0.28%
• Market Indices & Overview: The Colombo Stock Exchange ended down on Monday in a relatively flat day of trading. The benchmark All Share Price Index (ASPI) shed 56.85 points (-0.28%) to close at 20,260.06. The liquid S&P SL20 index slipped 5.72 points (-0.10%) to end at 5,783.03. • Top Stock Contributors: • Gainers: Carson Cumberbatch (+1.89% to Rs. 689.00), Lion Brewery (+1.65% to Rs. 1,829.75), Overseas Realty (+0.80% to Rs. 50.40), and Hatton National Bank (+0.26% to Rs. 380.00). • Decliners: Cargills (-2.62% to Rs. 651.25), Hemas Holdings (-1.31% to Rs. 30.20), LOLC Holdings (-1.26% to Rs. 410.00), and Vallibel One (-1.26% to Rs. 85.90). • Turnover & Key Deals: Total market turnover stood at Rs. 1.19 Bn, with the consumer services sector taking the lead at Rs. 608.02 Mn. Trading volume was primarily bolstered by crossings, including a major Rs. 600 Mn crossing in Ceylon Hotels Corporation (CHOT.N) alongside transactions in CIC Holdings.
🇱🇰 Sri Lanka Market Update: Rupee Firm, Bond Yields Mixed & Stocks Gain 📈
• Foreign Exchange & Rates: The Sri Lanka rupee traded slightly firmer in the spot market at 330.80/331.00 against the US dollar on Monday morning, compared to 330.85/95 on the previous day. • USD TT Rates: Buying at 326.40 | Selling at 335.40 • EUR TT Rates: Buying at 363.43 | Selling at 377.21 • GBP TT Rates: Buying at 431.34 | Selling at 445.44 • Government Securities: Treasury bond yields remained broadly steady across key maturities: • 2028 Bonds: 01.07.2028 at 10.45/60% (up from 10.40/55%); 15.12.2028 at 10.60/70% (up from 10.65/70%). • 2029–2031 Bonds: 15.09.2029 flat at 10.80/11.00%; 01.08.2030 up to 11.30/37%; 01.02.2031 up to 11.40/48%. • Long-Term Bonds: 15.12.2032 down to 11.75/80%; 15.10.2034 down to 12.08/15%. • Equities Market: The Colombo Stock Exchange (CSE) opened in positive territory: • ASPI: Up +0.13% (+25.71 pts) to 20,342 • S&P SL20: Up +0.31% (+18.07 pts) to 5,806
📈 Money Market Liquidity Nears Rs. 400 Bn Mark to Hit 7-Month High
• Money Market & Liquidity: Surplus liquidity reached Rs. 399.14 Bn for the week ending Oct 9, 2026—its highest since mid-March 2026—up from Rs. 360.11 Bn the previous week. Weighted average rates for Call Money and Repo stood at 8.99% and 9.04%. • Government Securities & Foreign Inflows: Foreign holdings in rupee Treasuries posted a net inflow of Rs. 3.24 Bn (+1.60% WoW) for the week ended Oct 8, bringing total foreign holdings to Rs. 202 Bn. • T-Bill Auction Results: Public Debt Management Office (PDMO📈 Money Market Liquidity Hits Over 7-Month High; Treasuries Foreign Holdings Rise • Money Market Liquidity: Surplus liquidity expanded to Rs. 399.14 Bn for the week ending 9 Oct 2026 (up from Rs. 360.11 Bn prior), reaching its highest level since mid-March 2026. Weighted average Call Money and Repo rates settled at 8.99% and 9.04% respectively. • Government Securities & T-Bills: • T-Bill Auction: The Public Debt Management Office raised the full Rs. 80 Bn offered (total aggregate raised reached Rs. 88 Bn including Phase II). Weighted yields on 91-day and 182-day tenors edged up slightly to 9.26% (+1 bps) and 9.44% (+3 bps), while the 364-day rate held steady at 9.95%. • Secondary Bond Market: Yields moved steady to moderately higher across selected maturities in range-bound trading (e.g., 15.10.28 traded up to 10.65%; 15.10.34 traded up to 12.12%). • Foreign Inflows & Currency: • Foreign Holdings: Foreign investment in rupee treasuries recorded a net inflow of Rs. 3.24 Bn (+1.60% Wo0W), bringing total foreign holdings to Rs. 202 Bn. • Foreign Exchange: The Sri Lankan Rupee (USD/LKR) depreciated marginally to close at Rs. 330.85/330.95 (vs. Rs. 330.59/330.64 previous week). Average daily USD/LKR traded volume stood at US$ 54.48 Mn over the first four trading days.