SL Treasury Rates Hold Steady as Auction Undersubscribed 📉

• Treasury Bill Rates remained broadly anchored for the 17th consecutive week. • Key Rates: 91-day held at 7.52%; 364-day held at 8.04%. The 182-day tenor saw a marginal increase of 01 basis point to 7.91%. • Auction Performance: The T-Bill auction was undersubscribed for the second consecutive time, raising only Rs 43.31 Bn (56.25%) out of the Rs 77.00 Bn offered. • Secondary Bond Market: Yields edged up marginally, with the 15.01.27 maturity trading between 8.15%-8.16% and the 15.03.31 at 9.80%-9.82%. • Upcoming Focus: A major Rs 80 Bn Treasury Bond auction is scheduled for today (Nov 13), following a previous auction (Oct 13) that raised 86.23% (Rs 162.11 Bn) of its offered amount. • Money & Forex: A net liquidity surplus of Rs 146.61 Bn was recorded. The USD/LKR rate on spot contracts closed depreciating marginally to Rs 304.60/304.65. FX traded volume for Nov 11 was US$ 101.75 Mn.