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Sunday October 2nd, 2022
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Investors traded bonds in the secondary market despite local debt restructuring uncertainties
Rupee guidance peg continues to remain steady
Cut off for shorter tenors estimated at around 34 percent.
Market is waiting for some cues for direction from T-bond auction on Thursday.
Market is waiting for direction from weekly T-bill auction on Wednesday
Debt office is offering to sell 85 billion rupees in a T-bill auction
Sri Lanka central bank will update its creditors on debt restructuring at the Friday meeting
Market awaits for some directions from central bank - dealers
T-bill yields fell across the maturities at a weekly auction earlier in the day
The debt office raised all money via the auction this week.
The secondary market remained dull
Rupee guidance peg has been on declining trend in the week
Rupee peg remained steady
Rupee guidance peg continues to slide
Rs78 bn in three month bills
| Latest | Last | |
|---|---|---|
| US Dollar | 369.9103 | 369.9103 |
| UK Pound | 412.4602 | 400.9490 |
| Euro | 364.6306 | 360.0342 |
| Aus Dollar | 242.2604 | 241.7927 |
| Yen | 2.5686 | 2.5748 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 4.4529 | 4.4476 |
| Korea Won | 0.2535 | 0.2528 |
| Oman Rial | 942.5852 | 942.5852 |
| Saudi Riyal | 96.5609 | 96.3494 |
| UAE Dirham | 98.7994 | 98.7994 |
| pts | % | |
|---|---|---|
| S&P SL20 | 3,165.33 | -0.11% |
| CSE All Share | 9,931.07 | -0.21% |
| Turnover Rs million | 2,578,258,401 | 3,017,534,901 |
| Latest | Last | |
|---|---|---|
| 3-m bill | 29.35 | 30.31 |
| 6-m bill | 28.29 | 28.51 |
| 12-m bill | 28.44 | 28.26 |
| 5-yr bond | 25.26 | 25.30 |
| 8-yr bond | 25.87 | 26.01 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 15.50 | 15.50 |
| Gilt Repo | 15.50 | 15.50 |
| I-m SLIBOR | - | - |
At an auction on Wednesday 45 billion rupees of 2032 bonds offered were all sold
There was thin trading in Treasury bonds and bills
Sri Lanka debt office borrowed only around 65% of required amount via T-bonds
Debt office has offered to sell 70 billion rupees in T-bonds on Tuesday
Bond holders are waiting for some directions on possible local debt restructuring
In the future when we amend the constitution we have to bring back judicial review
Bond holders waiting for directions over debt restructuring
Last week cut-off reached 27-pct
T-bonds more actively traded that T-bills - dealers
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