Sri Lanka Money Market Surplus Hits Rs. 296 Bn 📈

• Liquidity & Rates: Net market liquidity surged to Rs. 296.45 Bn. Significant participation was seen in the Central Bank’s Standing Deposit Facility (SDFR) at 7.25%. Overnight call money and repo rates averaged 7.65% and 7.69% respectively. • Treasury Bill Auction: The Rs. 90 Bn auction was fully subscribed (3.16x oversubscribed). Yields dropped for the 4th consecutive week: • 91-day: 7.72% (-8 bps) • 182-day: 8.07% (-10 bps) • 364-day: 8.31% (-2 bps) • Bond Market Rally: The secondary government securities market saw robust activity and falling yields. Focus shifted to the upcoming Rs. 51 Bn Treasury Bond auction today, featuring 2030 and 2036 maturities. • Forex Market: The Sri Lankan Rupee (LKR) remained stable, with the USD/LKR spot contract closing slightly stronger at Rs. 309.35/40 compared to the previous day’s Rs. 309.43/47.