Secondary Bond Yields Edge Higher Amid Profit Taking 📈

The secondary bond market experienced a rise in yields yesterday, driven by continued profit-taking, although transaction volumes remained healthy due to several block trades. • Bond Market Yields Short-term: 2028 maturities (15.03.28 & 01.05.28) traded between 8.99% and 9.05%. Medium-term: 2030 maturities (01.03.30 & 01.07.30) reached 9.54%–9.55%. Long-term: 2032 yields rose notably to 10.25%, while 2037 maturities traded up to 10.90%. • Money Market & Liquidity The market recorded a net liquidity surplus of Rs. 283.22 Bn. Central Bank's Domestic Operations Department (DOD) drained Rs. 30 Bn via overnight repo auction at a weighted average rate of 7.63%. Overnight call money and repo rates stood at 7.67% and 7.68% respectively. • Forex Market The USD/LKR spot exchange rate closed slightly stronger at Rs. 309.30/35 compared to the previous close of Rs. 309.35/40. Total traded volume for 18 February 2026 was US$ 91.75 Mn.