📉 Secondary Bond Market Moderates; LKR Depreciates

• Secondary Bond market activity remained moderate as participants adopted a cautious stance following Cyclone Ditwah. Yields saw an upward edge on the short end of the curve. • Key T-Bond trades included 15.02.28 and 15.03.28 maturities at 9.20%, and the 15.03.31 maturity at 10.00%. • Total secondary T-Bond/Bill transacted volume for 28 November was Rs. 2.95 Bn. • Money Market: Net liquidity surplus decreased to Rs. 86.32 Bn. • Rs. 102.85 Bn was deposited at the SDFR (7.25%), while Rs. 16.53 Bn was withdrawn from the SLFR (8.25%). • Forex Market: The USD/LKR spot rate depreciated to close the day at Rs. 308.55/308.65, up from Rs. 308.05/308.20 the prior day. • Total USD/LKR traded volume on 28 November was $49.85 Mn.