📈 Bond Yields Steady to Higher; Rupee Depreciates

• Secondary Bond Market: Yields traded higher on selected tenors while the overall yield curve remained stable. Trading activity was high early before tapering off, with average volumes supported by block transactions. • Key Tenor Rates: - 2030 (01.08.30): 11.58% – 11.60% - 2031 (01.02.31 & 01.12.31): 11.73% – 11.95% - 2034 (15.06.34 & 15.10.34): 12.42% – 12.45% - 2035 (15.03.35): 12.55% • Money Market Liquidity: Net surplus stood at Rs. 99.98 Bn. • SDFR Deposits: Rs. 72.80 Bn absorbed at 8.25%. • SLFR Withdrawals: Rs. 1.82 Bn drawn at 9.25%. • Central Bank Open Market Operations: The CBSL absorbed Rs. 29 Bn via overnight repo (8.75%) and Rs. 50 Bn via 31-day repo (9.28%). • Weighted Average Rates: Call money closed at 9.00%, repos at 9.05%. • Forex & Exchange Rate: The Sri Lankan Rupee depreciated slightly against the US Dollar, closing at Rs. 332.25/332.35 per USD (compared to Rs. 331.90/332 on the previous day). Total spot USD/LKR trading volume reached US$ 14.10 Mn on October 21.