Try GOLD - Free
Secondary Bond market opens on a strong footing; yields continue to decline as rally continues
Daily FT
|November 04, 2025
Rs. 57 b T-Bill auction in focus; offered amount less than maturity amount for 2nd straight week ■Rupee depreciates marginally
THE secondary Bond market yesterday kicked off the new trading week on a positive note carrying over the bullish momentum from last week's rally.
The market sentiment was supported by news that the foreign holdings of Sri Lankan rupee Government securities rose by Rs. 10.36 billion during the previous week - ending 30 October. This marked the largest inflow in 32 weeks and the fourth consecutive gain.
As a result, total holdings reached Rs. 141.32 billion, the highest in two years, reflecting a 259% surge from September 2024 lows. The market extended the rally and saw strong buying interest push yields lower.
Activity and transaction volumes were seen at robust levels. The demand was concentrated on 2026-2030 tenors, which saw the bulk of the action and the decline in rates. In conclusion, secondary market two-way quotes were seen closing lower, resulting in a further downward shift of the yield curve.
This story is from the November 04, 2025 edition of Daily FT.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Daily FT
Daily FT
Tata Power Renewable Energy CEO calls PPPs "catalyst for reform" in power sector transformation
Sanjay Banga says PPPs are not just about privatisation; but about building mutually beneficial models that combine public objectives with private execution strength
4 mins
November 05, 2025
Daily FT
Fitch says US-APAC trade deals to reduce uncertainty and lift growth
FITCH Ratings said this week that the recent series of bilateral trade agreements between the US and several APAC countries reduce uncertainty around the outlook for Asia's exporters, and could provide a slight lift to GDP over the next few years for the countries involved.
2 mins
November 05, 2025
Daily FT
PUMA strikes back at counterfeit trade in Sri Lanka
PUMA SE, a global pioneer in the sportswear industry, has successfully obtained four enjoining orders from the Commercial High Court of Colombo against connected suspected entities engaging in the sale of counterfeit goods.
1 mins
November 05, 2025
Daily FT
Institute of Builders submits construction sector proposals for Budget 2026
THE Ceylon Institute of Builders (CIOB) recently handed over its Sri Lankan Construction Industry Budget Proposal 2026/2027 to the Ministry of Construction in the presence of the Minister, Deputy Minister, and Secretary to the Ministry.
1 mins
November 05, 2025
Daily FT
Great Place To Work Sri Lanka unveils inaugural List of Best Workplaces for Parents 2025
GREAT Place To Work has announced Sri Lanka’s first ever study for the Best Workplaces for Parents 2025, recognising organisations that are striving to create truly family-friendly and supportive work environments.
2 mins
November 05, 2025
Daily FT
Colombo Kickerz U19 runner-up at Madras Super Cup 2025
COLOMBO Kickerz have finished as runnersup, falling short in the final after a penalty shoot-out, in the recently concluded Madras Super Cup 2025 tournament held in Chennai.
1 min
November 05, 2025
Daily FT
CSE ASPI touches new high of 23,000 points, then dips
COLOMBO stock market ASPI briefly crossed an all-time high of 23,000 points for the first time in early hours of trading yesterday before dipping slightly.
1 mins
November 05, 2025
Daily FT
Govt. rules out further tax hikes ahead of 2026 Budget on Friday
CABINET Spokesman and Minister Dr. Nalinda Jayatissa yesterday reaffirmed that there will be no further tax increases in the 2026 Budget, emphasizing that the Government’s focus is on providing relief to industries and sustaining economic growth.
1 min
November 05, 2025
Daily FT
Vatican commends Govt.'s efforts to foster ethnic harmony and economic stability
SECRETARY for harmony and economic Relations with States and International Organisations of the Holy See Archbishop Paul Richard Gallagher, yesterday commended the Government's efforts to foster ethnic stability in Sri Lanka.
2 mins
November 05, 2025
Daily FT
India and Sri Lanka strengthen partnership to advance PPPs for sustainable development
CCC Vice Chairman Bingumal Thewarathanthri says it is timely for SL to relook at PPP opportunities seriously as developed countries' capital gradually flowing back into emerging markets Indian High Commissioner Santhosh Jha opines India and SL could jointly pioneer modern PPP frameworks that serve as templates for Global South NAPPP CEO Dr. Sulakshana Jayawardena discloses 67 projects already identified as potential PPPs across sectors like transport, water, and energy
4 mins
November 05, 2025
Listen
Translate
Change font size