📈 Sri Lanka Secondary Bond Market Yields Hold Steady Amid Subdued Trading

• Financial Services & Money Market Overview: Yields in the secondary bond market remained broadly steady, consolidating across the yield curve. Overall activity was subdued, though key block transactions were executed across several maturities: • 15.12.26 maturity: traded at 10.05% • 15.09.27 maturity: traded at 10.36%-10.39% • 01.07.28 & 15.12.28 maturities: traded at 10.70%-10.79% and 10.80% • 15.09.29, 15.10.29 & 15.12.29 maturities: traded between 11.20% and 11.25% • 01.07.30 maturity: traded at 11.53%-11.55% • Liquidity & Central Bank Operations: • Net money market liquidity surplus recorded at Rs. 136.54 Bn. • Rs. 129.04 Bn deposited at CBSL's Standing Deposit Facility Rate (SDFR) of 8.25%. • Central Bank drained Rs. 7.50 Bn via overnight Repo auction at a weighted average rate of 8.74% (against an offered Rs. 60.00 Bn). • Overnight call money and Repo weighted average rates stood at 9.01% and 9.02% respectively. • Foreign Exchange Market: • The USD/LKR spot rate closed slightly higher at Rs. 336.15/336.25, appreciating from the prior close of Rs. 336.25/336.35. • Total USD/LKR traded volume reached $ 104.35 Mn on July 22.