Rs. 60 Bn T-Bill Auction Fully Subscribed: Rates Drop for 5th Week 📉

• Overall Performance: The weekly Treasury Bill auction was fully subscribed, successfully raising the entire Rs. 60 billion offered. Demand remained high, with total bids reaching 2.87 times the offered amount. • Yield Adjustments: Weighted average rates declined across all maturities for the fifth consecutive week: • 91-day Bill: 7.66% (down 6 bps) • 182-day Bill: 7.99% (down 8 bps) • 364-day Bill: 8.27% (down 4 bps) • Market Context: While primary yields dropped, Secondary Bond yields edged up slightly due to profit-taking pressure. The money market showed a high net liquidity surplus of Rs. 282.43 billion, reflecting strong stability in the financial sector. • Currency & Liquidity: The USD/LKR spot exchange rate closed marginally stronger at 309.35/309.40. The Central Bank continued managing excess liquidity, draining Rs. 25 billion via overnight repo auctions to maintain monetary stability.