However, the weighted average rates of the weekly Treasury bill auction continued to increase with the total accepted amount falling short of the total offered amount for a third consecutive week. Activity in the secondary bond market see sawed during the week as it initially moderated prior to the bond auction outcomes as yields increased on the maturities of 2025’s (i.e. In money markets, the net liquidity shortfall increased to Rs.466.25 billion against its previous weeks Rs.455.55 billion while CBSL’s holding of Gov. Security’s increased as well to Rs.1,416.75 billion against its previous weeks of Rs.1,362.76 billion. (References: Central Bank of Sri Lanka, Bloomberg E-Bond trading platform, Money broking companies)Courtesy: Wealth Trust Securities Ltd

Source: Sunday Observer January 03, 2022 04:29 UTC