📈 Bond Auction Raises Rs. 184.79 Bn; Mixed Yield Results

Sri Lanka successfully raised 90.14% of its Rs. 205 Bn Treasury Bond offering in the latest auction, with the bid-to-acceptance ratio reaching 1.86 times. While short and long-term rates remained stable, middle tenors saw an unexpected uptick. • Bond Auction Highlights • Total Raised: Rs. 184.79 Bn (out of Rs. 205 Bn offered). • 2030 Maturity: Fully raised at a weighted average yield of 9.74%. • 2033 Maturity: Fully subscribed at 10.65%, exceeding market expectations. • 2035 Maturity: Undersubscribed, settling at a higher yield of 11.08%. • 2039 Maturity: Fully subscribed at 11.09%, showing a narrow term premium. • Treasury Bill & Money Market • Upcoming T-Bill Auction: Rs. 100 Bn on offer today to cover maturing volumes (Rs. 104.68 Bn). • Previous T-Bill Performance: Yields rose for the third consecutive week; 91-day at 7.88%, 182-day at 8.44%, and 364-day at 8.47%. • Liquidity: A net surplus of Rs. 168.89 Bn recorded, currently held at the CBSL's Standing Deposit Facility. • Currency & Forex • LKR Performance: The Rupee appreciated slightly, closing at Rs. 309.00/10 against the USD. • Trading Volume: Daily USD/LKR volume stood at US$ 78.30 Mn. Summary based on provisional market data from Wealth Trust Securities.