Foreigners continued to increase their investments in Government Securities

Foreigners continued to increase their investments in Government Securities

No subscriptions at the phase-II T-bill Auction for the second time in a row

364days T-bill rate fell by one basis point at the primary auction

Foreigners have brought LKR 3.8 billion worth of Government securities during this week

For the second consecutive time, the CBSL was unable to sell the full targeted quantum of Treasury bills at the primary auction

Foreign holdings of Government Securities increased by LKR 11 billion during the August

91 Days T-bill rate fell by one basis point while the rest remained the same at the primary auction

Foreign holdings of the Government Securities marginally fall

The size of the T-bill auctions is expected to fall in the next few months

T-bill rates fell marginally 91Days and 182 Days by one basis point

CBSL sells more treasury bills at phase-II to reduce the dependency on government's excess cash buffer

CBSL managed to sell over LKR 50 billion in 364-day T-Bills for the first time after five weeks

Foreign net holding of Government Securities surpassed LKR 100 billion for the first time in 17 months

CBSL managed to sell the target quantum of the T-Bills at the primary auction after two unsuccessful auctions

CBSL pushes for interest rates to remain at the current level or lower by rejecting bids at higher rates

CBSL raised LKR 57 billion at the phase-II auction as it rejected most of the bids at the phase-I auction

CBSL rejects large amount of bids at the primary auction to keep the primary T-bill rate unchange

Foreigners purchased (net) LKR 2.5 billion of Government securities during the week

Depleting liquidity pulls down the T-bill auction participation