FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

Liquidity boost to money markets, curtails increasing trend in secondary yields Vote_lcap68%Liquidity boost to money markets, curtails increasing trend in secondary yields Vote_rcap 68% [ 178 ]
Liquidity boost to money markets, curtails increasing trend in secondary yields Vote_lcap18%Liquidity boost to money markets, curtails increasing trend in secondary yields Vote_rcap 18% [ 47 ]
Liquidity boost to money markets, curtails increasing trend in secondary yields Vote_lcap13%Liquidity boost to money markets, curtails increasing trend in secondary yields Vote_rcap 13% [ 35 ]

Total Votes : 260

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



Latest topics

» Shares to Buy
by Rational Investor Today at 3:36 pm

» LOFC AND CLC Target Price??
by abey Today at 11:39 am

» The fate of NIFL .. CLC .. LOFC under LOCH
by abey Today at 11:36 am

» CLC - Bull & Bear LOCKED HORNS - can blast at any time.
by Rational Investor Today at 9:43 am

» කොළඹ කොටස් වලට ඉදිරියේ එන ප්‍රවනතා
by Rational Investor Today at 9:42 am

» LOLC FINANCE PLC (LOFC.N0000)
by Captain Today at 6:48 am

» Any Investment Opportunities With Good Guranteed/Less Risk Returns?
by dydx Today at 2:30 am

» Stock market for beginners. Code of conduct to be followed
by Asoka Samarakone Yesterday at 9:22 pm

» Water For All - CIND
by LHW Yesterday at 8:31 pm

» KOTAGALA PLANTATION PLC (KOTA.N0000)
by CITIZEN Yesterday at 2:59 am

» Any thoughts on upcoming EX pack IPO and LCB Finance IPO?
by N W Mon Oct 18, 2021 11:15 pm

» Exit EXPO Enter EDEN strategy broadened to Exit EXPO Enter LOLC GROUP
by Chathur Mon Oct 18, 2021 8:49 pm

» Bitcoin could trigger financial meltdown, warns Bank of England deputy
by ResearchMan Mon Oct 18, 2021 2:46 pm

» LAST PRESIDENT ELECTION
by Wickyz Mon Oct 18, 2021 1:17 pm

» KELANI TYRES PLC (TYRE.N0000)
by Value Pick Mon Oct 18, 2021 12:48 pm

» EXPO/BILL/LOLC
by Dilshan2020 Mon Oct 18, 2021 12:25 pm

» HEMAS HOLDINGS PLC (HHL.N0000)
by Vishwanarth Mon Oct 18, 2021 10:47 am

» CFLB hidden gem
by Value Pick Mon Oct 18, 2021 10:44 am

» FINANCE AND LEASING SECTOR
by Mohammed020 Mon Oct 18, 2021 6:20 am

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by Ekanayake90 Mon Oct 18, 2021 12:21 am

EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » DAILY CHRONICLE™ » Liquidity boost to money markets, curtails increasing trend in secondary yields

Liquidity boost to money markets, curtails increasing trend in secondary yields

Go down  Message [Page 1 of 1]

Malika1990

Malika1990
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Along with the announcement of the term reverse repo auction, the increasing trend of bond yields experienced in the secondary market fuelled by the weekly Treasury bill auction results which increased for the first time in six week came to a halt by the end of the week.
The monetary policy announcement due next week coupled with the Government’s annual budget due for next month as well saw market participants adopting a wait and see policy. The interesting factor was the thin volumes that were changing hands during the first half of the week as the spread on two way quotes widened as yields increased further.
However a bit of buying interest towards the latter part of the week saw quotes narrow down as traded volumes increased marginally as well. In line with this, the more liquid three year, five year and six year maturities reflected the sharpest increases of 70 basis points (bp) each to weekly highs of 12.95%, 13.20% and 13.55% respectively.
Meanwhile in money markets, the Central Bank switched to a daily reverse repo auction for the first time this week under its Open Market Operations (OMO) on Friday by injecting an amount of Rs. 5 billion on an overnight basis at a weighted average of 9.68% as liquidity returned to a net deficit of Rs. 7.7 billion.
However overnight call money and repo rates remained steady to average 10.53% and 9.66% for the week as any shortage or surplus of liquidity was injected or absorbed by Central Bank through its policy rates or OMO auctions or even a combination of both.
Rupee dips to above Rs. 129
The rupee dipped above Rs. 129 during the latter part of the week to hit a weekly low of Rs. 129.20 on Friday, mainly led by importer demand for contacts value cash (19 October 2012). Given below are some forward dollar rates that prevailed in the market: one month – 130.12, three months – 132.42 and six months – 135.65.
http://www.ft.lk/2012/10/22/liquidity-boost-to-money-markets-curtails-increasing-trend-in-secondary-yields/

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum