Weekly Government Securities Market

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By 2017-10-18

Weekly Yield movement & volume
The market recorded moderate trading activity in mid-long tenor recording buying interest led by 2021, 2025 and 2027 maturities as yields dipped by 5-10bps amidst renewed buying from foreign participation. Shorter tenors dipped 10bps following a steep rise in yield in last Tuesday's (11) bill auction, where 1 Year Bills surged to 9.41% as against 9.32% the previous week.
Liquidity & CBSL Holdings
CBSL Holdings saw a slow rise during the week followed by the funding gap that was created last week with Rs 23 billion maturities and acceptance in the bill auction falling to Rs 16 billion.

Foreign Interest
Foreign buying interest in government securities continued for a fifth consecutive week while last week, the market experienced a net foreign inflow of LKR 2.67 billion marginally increasing the foreign holding to 6.08% from 6.02% in the previous comparative week.
Maturities for the Week

The Government securities market has Treasury Bill maturities on LKR 26 billion which needs to be settled on 20 Oct 2017.

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