📈 T-Bill Rates Edge Up Across the Board; All Bills Sold

• Auction Overview: At the weekly Treasury Bill auction, yields increased across all maturities, reversing part of the decline from the previous auction. The full Rs. 70 Bn offered was successfully raised during the competitive bidding phase, with total bids reaching 1.86 times the offered volume. • Yield Breakdown: • 91-day Bill: Witnessed the sharpest increase, up 12 basis points to 10.14%. • 182-day Bill: Edged up by 5 basis points to 10.21%. • 364-day Bill: Marginally increased by 1 basis point to 10.17%. • Secondary Bond & Money Market: Bond rates initially dropped on strong buying interest before closing marginally higher due to profit-taking. Healthy transaction volumes were recorded. Net money market liquidity surplus stood at Rs. 61.04 Bn. • Forex Market: The USD/LKR spot contract closed at LKR 337.00/337.75, a depreciation for the Rupee against the US Dollar compared to the previous day's close of LKR 335.00/335.50. The total traded volume stood at US$ 33.80 Mn (as of June 23).