📈 Sri Lanka Secondary Bond Market Trades Steady to Lower Ahead of Rs. 100 Bn Auction

• Secondary Market & T-Bill Auction Overview: Secondary market yields traded steady to lower on select tenors with healthy activity. At the weekly Treasury Bill auction, 182-day (9.44%) and 364-day (9.95%) yields remained unchanged for the 4th consecutive week, while the 91-day yield rose marginally by 2 bps to 9.34%. • Treasury Bill Auction Performance: The Public Debt Management Office raised Rs. 86.48 Bn (86.48% of offered amount) against a total demand of 2.25 times the offered total. Phase II subscription for 182-day and 364-day tenors remains open today. • Upcoming Treasury Bond Auction: Rs. 100 Bn in Treasury Bonds to be offered today across 15.05.2030 (Rs. 40 Bn), 15.10.2034 (Rs. 40 Bn), and 15.08.2036 (Rs. 20 Bn) maturities, settling on Nov 2, 2026. • Money & Forex Markets: Net liquidity surplus stood at Rs. 118.55 Bn, with CBSL mopping out Rs. 40 Bn via overnight repo auction at 8.75%. Spot USD/LKR rate closed steady at Rs. 332.50/332.60, with daily traded volume at $ 53.30 Mn.