SL Secondary Bond Mkt: Slow Start Ahead of Key Events 📉

• Bond Market Activity: Secondary bond market began the week slowly as participants adopted a "wait and see" stance ahead of the final Monetary Policy Announcement and back-to-back T-Bill/Bond Auctions. • Yields consolidated and traded sideways, though transaction volumes were healthy (Rs. 3.56 Bn on Nov 14) due to several block trades. • Key Yields: Maturities traded included: 01.06.26 (8.20%), 15.03.28 (9.02%), 01.07.30 (9.60%-9.61%), and 15.06.35 (10.69%-10.70%). • Money Market Liquidity: Net surplus recorded at Rs. 58.50 Bn. • Rs. 79.20 Bn was deposited at the Central Bank's SDFR (7.25%), while Rs. 20.70 Bn was withdrawn from the SLFR (8.25%). • Weighted Average Rates: Call money was registered at 7.94% and Repo at 7.96%. • Forex Market: USD/LKR spot contracts closed steady at Rs. 307.80/307.90, compared to the previous day's close. • Total USD/LKR traded volume on Nov 21 was $75.43 Mn.