š Bond Market Consolidates Amid Positive Restructuring & Tax News
ā¢ Secondary Bond Market: Yields consolidated for the third consecutive session within a narrow band. Concentrated demand caused rates on selected tenors, notably the 01.07.30 maturity (trading 9.62%-9.58%), to dip lower. ā¢ Key Activity: Total Treasury Bond/Bill transacted volume for the day was Rs. 19.97 Billion, reflecting healthy market activity. ā¢ Key Maturities: Noted trades include 01.06.26 at 8.15%, 15.10.27 at 8.50%, the 2028 tenors around 9.01%-9.08%, and 15.12.32 at 10.25%. ā¢ Market Boosters: Sentiment was supported by two factors: SriLankan Airlines reached an agreement in principle on the financial parameters for its bond restructuring. The Inland Revenue Department recorded its highest-ever tax revenue collection for the year 2025. ā¢ Money Market: Net Liquidity Surplus stood at Rs. 102.60 Bn (SDFR deposits: Rs. 104.44 Bn). Overnight call money/Repo rates were 7.93% and 7.96% respectively. ā¢ Forex: The USD/LKR spot contract closed marginally stronger for the LKR at Rs. 308.10/308.30. Total traded volume was US$ 122.95 Mn.