📈 T-Bill Yields Rise, Breaking 11-Week Downward Trend

• Auction Results: Treasury Bill weighted average yields increased across all tenors, reversing course for the first time in 11 weeks: • 91-day: 9.18% (+15 bps) • 182-day: 9.36% (+12 bps) • 364-day: 9.88% (+11 bps) • Issuance & Demand: The Public Debt Management Office fully raised the offered government securities target of Rs. 70 Bn, with bid coverage reaching 2.45 times. Phase II remains open until 3:00 PM today. • Secondary Bond Market: Remained bearish for a 3rd session with yields rising, though volume was supported by sizable block trades. Key traded maturities included 2030 (11.40%–11.50%), 2031 (11.60%–11.65%), 2033 (11.95%–12.00%), 2034 (12.05%–12.20%), and 2037 (12.20%). • Money Market Liquidity: Net surplus stood at Rs. 146.44 Bn. Central Bank absorbed Rs. 59.35 Bn via overnight repo (8.71% WAYR) and Rs. 35 Bn via 7-day term repo (8.75% WAYR). Call money and repo averages settled at 8.89% and 8.95%. • Forex Segment: The Sri Lankan Rupee depreciated slightly against the US Dollar to close at Rs. 331.85/332.25 (vs. Rs. 330.65/331.10) on traded volumes of US$ 45.50 Mn.