Bond Yields Consolidate Amid Rising Market Liquidity 📈

The secondary bond market maintained a steady stance for the fourth consecutive session, reflecting a consolidation phase as participants adopted a wait-and-see approach due to mixed geopolitical signals. • Secondary Bond Market Yields remained broadly stable across selected tenors with subdued trading activity. Key trades included: • 01.05.27 maturity: Yields eased slightly to 8.83%–8.89%. • 01.03.30 maturity: Traded at 10.04%. • 15.06.34 maturity: Recorded at 11.19%. • Total transacted volume (April 22): Rs. 36.95 Bn. • Money Market Liquidity System liquidity continued its upward trend for a fifth straight day, reaching a net surplus of Rs. 167.46 Bn. • SDFR (7.25%): Rs. 182.06 Bn deposited. • SLFR (8.25%): Rs. 14.60 Bn withdrawn. • Weighted average rates for call money and repos held steady at 7.71% and 7.72%. • Forex Market The USD/LKR spot next contracts closed at Rs. 318.25/319.00, showing a slight depreciation from the previous day's spot close of Rs. 316.75/317.00. The daily traded volume stood at US$ 52.25 Mn.