Secondary Bond Market Yields Consolidate; Activity Moderates 📈

The secondary bond market saw rates hold steady along the yield curve yesterday, though profit-taking led to marginal yield increases in selected tenors. Trading activity was healthy initially but moderated toward the close. • Overall Debt Market Figures • Total Secondary Market Volume (Feb 13): Rs. 25.81 Bn. • Net Liquidity Surplus: Elevated at Rs. 270.99 Bn. • Central Bank Operations: CBSL drained Rs. 20 Bn via overnight repo auction at a weighted average of 7.65%. • Sector Yield Breakdown • 2028 Maturities: Traded between 9.03% – 9.10%. • 2029 Maturities: Yields edged up to 9.43% – 9.45%. • 2030 Maturities: Ranges shifted to 9.49% – 9.55%. • 2032/2033 Maturities: Yields rose, with 2033 bonds reaching 10.37% – 10.40%. • Treasury Bills: Feb 2027 maturities saw notable demand, collected at 8.23% – 8.25%. • Money & Forex Markets • USD/LKR: Spot contracts closed stable at Rs. 309.20/309.25. • Traded Forex Volume (Feb 13): US$ 68.85 Mn. • Overnight Rates: Call money at 7.67% and Repo at 7.68%. _Note: Based on data provided by Wealth Trust Securities and CBSL._