Yields Broadly Steady Amid Geopolitical Shifts & Fully Subscribed Auction 📈

The secondary bond market remained stable yesterday despite shifting geopolitical signals, while the primary T-Bill auction saw a full subscription of the offered Rs. 110 Bn. • T-Bill Auction Results The auction showed mixed movements, breaking a 4-week trend of across-the-board increases: 91-day: Rose by 12 bps to 8.27% 182-day: Rose by 1 bp to 8.23% 364-day: Remained unchanged at 8.52% Subscription: Robust demand with a bid-to-cover ratio of 2.41x. • Secondary Bond Market Trading activity remained healthy with a total transacted volume of Rs. 36.95 Bn. Key maturities traded as follows: 2027: 15.06.27 at 9.05% 2028: Range of 9.65% to 9.90% 2034: 15.06.34 traded between 11.13% - 11.17% • Liquidity & Forex The market's net liquidity surplus increased to Rs. 151.01 Bn, reflecting a stable banking and finance environment. Overnight call money and repo rates stood at 7.70% and 7.71% respectively. In the Forex market, the Rupee weakened slightly, with the USD/LKR spot closing at Rs. 316.75/317.00 compared to the previous close of Rs. 316.40/316.70. Total traded volume was US$ 84 Mn. _Data based on provisional reports from CBSL and Wealth Trust Securities._