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# ![@yasasrij Avatar](https://lunarcrush.com/gi/w:26/cr:twitter::24461010.png) @yasasrij yasasri

yasasri posts on X about rates, money, inflation, auction the most. They currently have [---] followers and [---] posts still getting attention that total [--] engagements in the last [--] hours.

### Engagements: [--] [#](/creator/twitter::24461010/interactions)
![Engagements Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::24461010/c:line/m:interactions.svg)

- [--] Week [---] -43%
- [--] Month [-----] +198%
- [--] Months [-----] +832%
- [--] Year [-----] -18%

### Mentions: [--] [#](/creator/twitter::24461010/posts_active)
![Mentions Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::24461010/c:line/m:posts_active.svg)

- [--] Week [--] -50%
- [--] Month [--] +150%
- [--] Months [--] +517%
- [--] Year [--] +10%

### Followers: [---] [#](/creator/twitter::24461010/followers)
![Followers Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::24461010/c:line/m:followers.svg)

- [--] Week [---] -0.72%
- [--] Month [---] +6.20%
- [--] Months [---] +28%
- [--] Year [---] +28%

### CreatorRank: undefined [#](/creator/twitter::24461010/influencer_rank)
![CreatorRank Line Chart](https://lunarcrush.com/gi/w:600/cr:twitter::24461010/c:line/m:influencer_rank.svg)

### Social Influence

**Social category influence**
[finance](/list/finance)  [currencies](/list/currencies)  [countries](/list/countries) 

**Social topic influence**
[rates](/topic/rates), [money](/topic/money), [inflation](/topic/inflation), [auction](/topic/auction), [yield curve](/topic/yield-curve), [sri](/topic/sri), [sri lanka](/topic/sri-lanka), [omo](/topic/omo), [liquidity](/topic/liquidity), [into the](/topic/into-the)

**Top assets mentioned**
[Lends (LENDS)](/topic/lends)
### Top Social Posts
Top posts by engagements in the last [--] hours

"@RealBBR_Mindset Why you are silent on gearing ratio"  
[X Link](https://x.com/yasasrij/status/1627571137566904320)  2023-02-20T07:29Z [---] followers, [--] engagements


"@rowmewan1 Yes theoretically it could be due to both . However if you study both action points we can conclude that currency appreciation and lower rates have reduced foreign interest in government securities . Hope this is a temporary situation"  
[X Link](https://x.com/yasasrij/status/1669989620153724928)  2023-06-17T08:45Z [---] followers, [--] engagements


"@theGayan If the banks are opted to convert the SLDB to LKR bonds there will be a currency mismatch between assets and liabilities. Up to now banks were allowed to add it to NOP and cover it from the market. Do you expect additional USD demand nearly to USD [--] Bn in FX mkt due to this"  
[X Link](https://x.com/yasasrij/status/1676542905610297345)  2023-07-05T10:45Z [--] followers, [----] engagements


"@kanchana_wij πŸ€” Curious to learn Sinopec's plans for the LKR they'll receive from local fuel sales. According to @kanchana_wij if they won't seek USD from local banks they might accumulate [--] months' worth of working capital in LKR # LKR"  
[X Link](https://x.com/yasasrij/status/1686594189881155584)  2023-08-02T04:26Z [---] followers, [---] engagements


"πŸ€” Curious to learn Sinopec's plans for the LKR they'll receive from local fuel sales. According to @kanchana_wij if they won't seek USD from local banks they might accumulate [--] months' worth of working capital in LKR # LKR 1st fuel cargo of Sinopec has commenced discharging & the 2nd cargo will arrive tomorrow. Entry of new retail suppliers to the domestic market will ease the forex requirements for petroleum products as the suppliers will bring in products on a [--] month financing facility from https://t.co/q7M11kvA07 1st fuel cargo of Sinopec has commenced discharging & the 2nd cargo will"  
[X Link](https://x.com/yasasrij/status/1686594653615988736)  2023-08-02T04:27Z [---] followers, [---] engagements


"@rowmewan1 @CBSL @CSE_Media Yield curve management involves targeting a longer-term interest rate by a central bank then buying or selling as many bonds as necessary to hit that rate target. It sharply differs from quantitative easing (QE) in its approach"  
[X Link](https://x.com/yasasrij/status/1696475001346818277)  2023-08-29T10:48Z [--] followers, [--] engagements


"@LankaOnline @ChronicleLK @CBSL @an_cabraal @CBSL EPF members need not be concerned solely with the nominal interest rate; their focus should be on the real interest rate. Positive real interest rates are what they should watch for as it only contribute to the growth of their purchasing power"  
[X Link](https://x.com/yasasrij/status/1696744491825180754)  2023-08-30T04:39Z [--] followers, [--] engagements


"@CBSL If the Finance Ministry and CBSL have a strong belief that by implementing these suggested reforms they can maintain inflation below 9%in long run they ought to consider providing a inflation indexed bond to EPF"  
[X Link](https://x.com/yasasrij/status/1697454105944600731)  2023-09-01T03:39Z [--] followers, [--] engagements


"@n2addict Money printing does not lead to inflation Dr. Kenneth de Zilva - Daily Mirror"  
[X Link](https://x.com/yasasrij/status/1697852441478516923)  2023-09-02T06:02Z [--] followers, [--] engagements


"@NCdeMel Economists missed the mark in educating EPF members and labor leaders about the crucial aspects of securing a real return for the fund. If handled correctly EPF could have been got a bond with a provision to adjust the coupon rate when monthly inflation exceeds 9%"  
[X Link](https://x.com/yasasrij/status/1700716667419161052)  2023-09-10T03:43Z [--] followers, [--] engagements


"On the settlement date (September 14th) of LKR 3.2T bond exchange an additional LKR [---] billion will enter the market as accrued interest from these bonds. This influx of LKR liquidity will help to reduce short-term interest rates. @CBSL#LKR"  
[X Link](https://x.com/yasasrij/status/1701814521902338197)  2023-09-13T04:26Z [--] followers, [--] engagements


"@theGayan You're correct in stating that bondholders (Superannuation Funds) won't receive any additional benefits. However this approach can enhance liquidity in the overnight (ON) market. If GOSL prints to pay this ON LKR liquidity can be increased by over LKR 109Bn"  
[X Link](https://x.com/yasasrij/status/1701877230878781834)  2023-09-13T08:35Z [--] followers, [--] engagements


"As anticipated GOSL has printed LKR [---] billion by issuing T Bills to the CBSL for settling the accrued interest on eligible bonds swapped by Superannuation Funds. This has led to an ON liquidity surplus of LKR [--] billion excluding the surplus held by foreign banks"  
[X Link](https://x.com/yasasrij/status/1702297664023671103)  2023-09-14T12:26Z [--] followers, [---] engagements


"@Channa_Amare @CSE_Media If a company cannot achieve returns higher than the hurdle rate the optimal choice is to distribute it among shareholders. Considering that the dividend method is taxed at 15% why do Sri Lankan companies not opt for share buybacks #LKR"  
[X Link](https://x.com/yasasrij/status/1702572602735362431)  2023-09-15T06:38Z [--] followers, [---] engagements


"@ChayuDamsinghe Indexing the bond to core inflation would have been a wise choice as it can partially shield against external shocks impact . This way EPF members wouldn't face penalties for fiscal mismanagement"  
[X Link](https://x.com/yasasrij/status/1702647463029719089)  2023-09-15T11:36Z [--] followers, [--] engagements


"@rowmewan1 @hthemaka It's impossible to judge if EPF accepting the DDO is wise right now; only time will reveal that. If the government maintains mid-single-digit inflation and keeps interest rates below 10% for the next decade it will benefit EPF members and all citizens"  
[X Link](https://x.com/yasasrij/status/1702960181343105501)  2023-09-16T08:18Z [--] followers, [--] engagements


"Last Friday the Gov successfully offset the money printed for accrued interest payment by allowing LKR [---] Bn in T Bills held by CBSL to mature. Additionally the government borrowed a total of [---] Bn from the market through a combination of Bill and bond issuances on that day"  
[X Link](https://x.com/yasasrij/status/1703695564364509590)  2023-09-18T09:00Z [--] followers, [---] engagements


"Sri Lankan banks are encountering challenges in finding attractive rates for investing USD due to avoiding investments in ISBs. The situation is exacerbated by exporters' limited interest in credit. USD savers should prepare for reduced deposit returns. #LKR"  
[X Link](https://x.com/yasasrij/status/1704138394287116678)  2023-09-19T14:20Z [--] followers, [---] engagements


"Having more than [------] + security personnels the 17th highest in the world which exceeds even UK figures and allocating LKR [-----] BN 1.78% of the GDP to maintain them still we have failed in controlling crime"  
[X Link](https://x.com/yasasrij/status/1704699050317201915)  2023-09-21T03:28Z [--] followers, [--] engagements


"@gihan_dd @CBSL @ChayuDamsinghe @rowmewan1 @theGayan You will experience a bull steepener of the yield curve. I will assume long term bond supply to be higher in near term as Gov may try to smooth the repayment profile to avoid a number of repayment humps "  
[X Link](https://x.com/yasasrij/status/1705496167646437474)  2023-09-23T08:15Z [--] followers, [--] engagements


"@RandomNoise007 The impact on yields from this action is expected to be significantly lower as historically a considerable portion of T Bills held by CBSL was refinanced by issuing new T Bills directly to CBSL bypassing the auction system without impacting the yields"  
[X Link](https://x.com/yasasrij/status/1705519215074312420)  2023-09-23T09:47Z [--] followers, [----] engagements


"@RandomNoise007 However you will experience a bull steepener of the yield curve. I will assume long term bond supply to be higher in near term as Gov may try to smooth the repayment profile to avoid a number of repayment humps "  
[X Link](https://x.com/yasasrij/status/1705520152438259851)  2023-09-23T09:51Z [--] followers, [---] engagements


"Despite reducing the offered T Bill amount by nearly two-thirds the auction rates have not displayed a substantial decrease. It's high time for the Central Bank of Sri Lanka (CBSL) to consider strengthening Open Market Operations (OMO) to inject LKR liquidity. @CBSL"  
[X Link](https://x.com/yasasrij/status/1706599796587573360)  2023-09-26T09:21Z [--] followers, [---] engagements


"Despite the Monetary Board (MB) pursuing a loose monetary policy the present constrained overnight liquidity situation is impeding the reduction of short-term yields. Either Open Market Operations (OMO) must take more assertive measures or building reserves should inject 1/2"  
[X Link](https://x.com/yasasrij/status/1706601424396988734)  2023-09-26T09:27Z [--] followers, [---] engagements


"@CBSL The Central Bank of Sri Lanka (CBSL) should seriously consider exposing these management trainees to the Domestic Foreign Exchange Market within a bank's trading room environment. This exposure will aid in enhancing their understanding of market dynamics"  
[X Link](https://x.com/yasasrij/status/1706954989623792028)  2023-09-27T08:52Z [--] followers, [---] engagements


"CBSL faces a choice between interest rates and the exchange rate. If they aim to bolster reserves they must engage in aggressive buying from the market which could lead to an increase in exchange rates. I feel as usual they are trying to defend the both . @CBSL @CSE_Media #LKR"  
[X Link](https://x.com/yasasrij/status/1707244913732309478)  2023-09-28T04:04Z [--] followers, [----] engagements


"@gihan_dd @CBSL @CSE_Media Building reserves will inject LKR liquidity into the market but may exert pressure on the exchange rate. If sterilization measures are not taken it could result in a decrease in short-term interest rates at the cost of the exchange rate. #LKR #LKA"  
[X Link](https://x.com/yasasrij/status/1707274921582502089)  2023-09-28T06:03Z [--] followers, [--] engagements


"@CBSL To expedite the reduction of market lending rates it's crucial for CBSL departments to collaborate instead of operating in isolation. Both OMO and MB should grasp the distinction between injecting LKR liquidity into the market and monetization. #LKR #LKA"  
[X Link](https://x.com/yasasrij/status/1709756810348147129)  2023-10-05T02:26Z [--] followers, [---] engagements


"To expedite the reduction of market lending rates it's crucial for CBSL departments to collaborate instead of operating in isolation. Both OMO and MB should grasp the distinction between injecting LKR liquidity into the market and monetization"  
[X Link](https://x.com/yasasrij/status/1709757755291226192)  2023-10-05T02:29Z [--] followers, [----] engagements


"@ChayuDamsinghe In the realm of central banking open market operations and fiscal deficit monetization are distinct processes. OMO operations must align with Monetary Board decisions and adapt dynamically. They possess additional tools beyond government securities to infuse liquidity"  
[X Link](https://x.com/yasasrij/status/1709771815969853620)  2023-10-05T03:25Z [--] followers, [--] engagements


"@CBSL @CSE_Media If the CBSL aims to enact a lenient monetary policy it should manifest in all CBSL actions. Maintaining tight overnight liquidity while lowering policy rates may not yield the intended results"  
[X Link](https://x.com/yasasrij/status/1709799436954767706)  2023-10-05T05:15Z [--] followers, [---] engagements


"@CBSL It's encouraging to note the CBSL's announcement of a LKR [--] billion [--] days Re Repo auction today to boost LKR liquidity in the market. It's a positive step in the right direction yet extending the tenor is necessary for a swift transmission of MP to reach the grassroots level"  
[X Link](https://x.com/yasasrij/status/1710159757598998914)  2023-10-06T05:07Z [--] followers, [--] engagements


"@CBSL @CSE_Media The CBSL has announced a LKR [--] Bn [--] days Reverse Repo auction today to inject liquidity into the marketa positive move in the right direction. Nonetheless extending the tenor would expedite the transmission of Monetary Policy to the grassroots level. #LKR"  
[X Link](https://x.com/yasasrij/status/1710160683680374851)  2023-10-06T05:10Z [--] followers, [--] engagements


"A new bond auction has been announced to raise LKR [--] Bn to repay LKR [----] Bn of coupon maturity on [--] October. Out of [--] Bn LKR [----] billion is due to CBSL. It's interesting to observe the government's strategy for repaying the remaining amount @CBSL @CSE_Media"  
[X Link](https://x.com/yasasrij/status/1711286420890177851)  2023-10-09T07:44Z [--] followers, [---] engagements


"@ChayuDamsinghe @buddhika_live @rowmewan1 @CBSL @CSE_Media I received a clarification regarding the accrued interest of bonds issued under DDO. It appears they have deviated from the current market convention. For the new bonds the first coupon interest is computed from the date of the exchange. Then the coupon due is LKR [--] billion"  
[X Link](https://x.com/yasasrij/status/1711610174535086208)  2023-10-10T05:10Z [--] followers, [--] engagements


"@theGayan How large this buffer is the question On 15th December theres another LKR [-----] Bn bond maturity"  
[X Link](https://x.com/yasasrij/status/1728981393781432616)  2023-11-27T03:37Z [---] followers, [---] engagements


"Today CBSL announced an auction to outright purchase of T-bonds. In August we deliberated on three actions for CBSL to enhance the swift transmission of monetary policy to the grassroots level: Inject sufficient LKR liquidity into the money market 1/3"  
[X Link](https://x.com/yasasrij/status/1735601870704619715)  2023-12-15T10:05Z [--] followers, [---] engagements


"Utilize USD buy-sell swaps to infuse LKR liquidity. Implement a yield curve management strategy to lower the yield curve. While CBSL has indeed implemented all three actions with todays announcement it's noteworthy that the scale of these measurements has been. 2/3"  
[X Link](https://x.com/yasasrij/status/1735601874630545914)  2023-12-15T10:05Z [--] followers, [--] engagements


"insufficient to exert a meaningful impact on the yield curve @CBSL @CSE_Media #LK #LKR #LKRYIELDS"  
[X Link](https://x.com/yasasrij/status/1735601878426337692)  2023-12-15T10:05Z [--] followers, [--] engagements


"@theGayan @CBSL I wonder what are the positive benefits CBSL has achieved by having these restrictions when theyre on loose monetary policy. CBSL is making profit from lending idle funds of foreign banks in the CBSL AC due to restrictions on using SDFR #LKR #LKRYIELD"  
[X Link](https://x.com/yasasrij/status/1745651607038251489)  2024-01-12T03:39Z [--] followers, [--] engagements


"@Channa_Amare Net Cash per share was [----] on 30th Sep [--]. Any idea about their WC management during the last few quarters Receivables has increased byLKR [---] Bn while payable has decreased by LKR [---] Bn inventory has decreased by 4Bn Sep to Dec "  
[X Link](https://x.com/yasasrij/status/1747188617972523301)  2024-01-16T09:26Z [--] followers, [--] engagements


"@Channa_Amare As LIOC mainly purchases their oil through IOC cant they reduce these cash balance substantially by reducing payables in their balance sheet Isnt it a way to pass the benefit to holding company without declaring dividend"  
[X Link](https://x.com/yasasrij/status/1747196624269705242)  2024-01-16T09:58Z [--] followers, [--] engagements


"@gihan_dd @CBSL In a prior OMO auction CBSL turned down all bids when the market bid below the prevailing secondary market rate. If their goal was to swiftly reduce yields they could have accepted all bids at that time. Are these signals creating confusion"  
[X Link](https://x.com/yasasrij/status/1748315222149058686)  2024-01-19T12:03Z [--] followers, [--] engagements


"MB maintains policy rates at 9% and 10% . CBSL anticipates a future decrease in market interest rates. Despite four months passing since the DDO there is a significant [---] basis points spread between SLFR and 3M TBills. Is this due to tight ON liquidity @CBSL @CSE_Media #LKR"  
[X Link](https://x.com/yasasrij/status/1749662881518596454)  2024-01-23T05:18Z [--] followers, [--] engagements


"Today OMO is having third bond buyback auction of the year featuring LKR 10bn worth of two bond series from [----] and [----]. Secondary market bond yields have dropped by nearly 50bp since the last auction where all bids were rejected. @CBSL @CSE_Media #LKR #LKRYIELD #SRILGB"  
[X Link](https://x.com/yasasrij/status/1750742805591535630)  2024-01-26T04:49Z [--] followers, [---] engagements


"During the third T Bond OR purchase auction OMO accepted only LKR [--] Bn out of a total bid of LKR [---] Bn. The accepted bids had rates within the range of 13.20% aligning with the secondary market rate. Rejection of bids below 13.20% suggests that if accepted 1/2"  
[X Link](https://x.com/yasasrij/status/1751295643581321723)  2024-01-27T17:26Z [--] followers, [---] engagements


"they could have lowered secondary market yields. Is OMO using these OR auctions as an alternative method to infuse liquidity regardless of yield curve management @CBSL @CSE_Media #LKR #LKRYIELD #SRILGB #LK"  
[X Link](https://x.com/yasasrij/status/1751295647226237080)  2024-01-27T17:26Z [--] followers, [--] engagements


"Today's T-bond auction witnessed enhanced demand as the bid-to-offer ratio exceeded [--] times. Secondary market data reveals [----] maturity bonds closing below 13.00%. Anticipate a substantial decrease in T-bill rates at tomorrow's auction. @CBSL @CSE_Media #LKRYIELD #LKR"  
[X Link](https://x.com/yasasrij/status/1752305870531350787)  2024-01-30T12:20Z [---] followers, [---] engagements


"@rowmewan1 What an upward slopping LKR yield curve says about future of SL economy"  
[X Link](https://x.com/yasasrij/status/1752887249648402560)  2024-02-01T02:51Z [--] followers, [---] engagements


"CBSL announces relaxation of restrictions on SDF and SLF offering a positive outlook for foreign banks hesitant to lend surplus liquidity in ON market.Yetuncertainty looms over whether banks will be brave enough to borrow from SRR to generate assets"  
[X Link](https://x.com/yasasrij/status/1755434962604437959)  2024-02-08T03:34Z [--] followers, [---] engagements


"YTD largest T-bond auction unfolds today . Despite LKR [---] Bn in maturities and coupon payments this month only LKR [---] Bn is offered at the auction. Will there be a significant raise in cutoff rates from current secondary market levels @CSE_Media @CBSL #LKR #SRILGB #LK"  
[X Link](https://x.com/yasasrij/status/1767367231606821299)  2024-03-12T01:49Z [--] followers, [---] engagements


"If CBSL doesnt buy USD exchange rate can crash. However are they doing the correct thing by reducing daily buying rate. SL is not seeing an export boom or credit demandbut we have stopped paying foreign debts.Are we going see another Dutch disease @CBSL @CSE_Media #LKR #LKA #lka currency strength poses challenges for US$ earners such as exporters hotels plantations and logistics players while benefiting importers and US$ debt holders But volumes and US$ prices are the key Which businesses have pricing power to push through US$ price hikes #CSE https://t.co/kMHJE5ATE8 #lka currency strength"  
[X Link](https://x.com/yasasrij/status/1767407945476952316)  2024-03-12T04:31Z [--] followers, [---] engagements


"@rowmewan1 @CBSL @CSE_Media It should be a range where lower bound should be set studying the relative strength of LKR compared to basket of our competitors currencies in exports market. If not repercussions will see in long term"  
[X Link](https://x.com/yasasrij/status/1767756739829751930)  2024-03-13T03:37Z [--] followers, [---] engagements


"@rowmewan1 @CBSL @CSE_Media For that we have highly qualified people in CBSL. However still Im not aware that they consider our competitors currencies in exports market in deciding the floor daily. This temporary USD excess is due to low imports demand no Fx loan payments and improved tourism flows"  
[X Link](https://x.com/yasasrij/status/1767763515941785867)  2024-03-13T04:04Z [--] followers, [--] engagements


"ON Market liquidity has increased to +49 Bn yet we haven't seen a significant decrease in short-term T-bill rates with ON call money rates at 8.65%. Will the CBSL use this liquidity to decrease their T-bill holdings @CBSL @CSE_Media #LKR #LKRYIELD #SRILGB"  
[X Link](https://x.com/yasasrij/status/1781145099147358681)  2024-04-19T02:17Z [--] followers, [---] engagements


"@Joshuayogarajah @rowmewan1 @CSE_Media @CBSL Private sector credit growth remains low (3.5% YoY as of March). With low market demand for goods and no upward pressure on the inflation & exchange rate these factors will help keep interest rates lower for an extended period"  
[X Link](https://x.com/yasasrij/status/1797803045486821691)  2024-06-04T01:30Z [--] followers, [---] engagements


"@rowmewan1 The CBSL has achieved this without altering interest rates due to decreased USD demand in the market. CBSL purchases USD by injecting LKR liquidity and by not reinvesting in their gov securities thus sterilizing the process. This should persist regardless of IMF agreements"  
[X Link](https://x.com/yasasrij/status/1804687074194284721)  2024-06-23T01:25Z [--] followers, [---] engagements


"@NCdeMel Why did you only consider GDP when evaluating MLB How will GDP growth impact the countrys reserves and ability debt payments in USD In Sri Lanka we observed high GDP with low reserves because a significant portion came from construction and consumption"  
[X Link](https://x.com/yasasrij/status/1809117827909235163)  2024-07-05T06:51Z [--] followers, [--] engagements


"Pvt sector credit growth is just 1% (71.5B) over the last [--] months. Headline inflation is 1.7% YoY and core is 4.4%. With the electricity tariff revision inflation pressure is expected to ease. 1Q GDP growth is 5.3% PMIs are above [--]. Thoughts on tom monetary policy@CSE_Media"  
[X Link](https://x.com/yasasrij/status/1815673765516206271)  2024-07-23T09:02Z [--] followers, [--] engagements


"Political uncertainty is pushing long-term bond rates higher in the secondary market. Despite a [--] bp rate cut on July 24th bond yields have risen by approximately 100-150 bp since early May. @CBSL @CSE_Media #LK #LKR #LKRYIELD #SRILGB"  
[X Link](https://x.com/yasasrij/status/1821390931427553652)  2024-08-08T03:40Z [--] followers, [--] engagements


"Lower money market liquidity and political uncertainty have deterred investors from 12-month T-bills. In the latest auction CBSL raised only 25% of the offered amount in 12M with a bid-to-offer ratio at a low of [----]. @CBSL @CSE_Media #LK #LKR #LKRYIELD"  
[X Link](https://x.com/yasasrij/status/1821392594854945021)  2024-08-08T03:46Z [--] followers, [--] engagements


"CBSL has introduced yet another bond series for next weeks auction. If their goal is to lower government borrowing costs they should prioritize fostering an active secondary market for these bonds. Adding more bond series is undermining market liquidity. @CBSL @CSE_Media #LK"  
[X Link](https://x.com/yasasrij/status/1821806377255497868)  2024-08-09T07:11Z [---] followers, [---] engagements


"@gihan_dd @theGayan CBSL can mop up excess LKR liquidity in the market by few ways. Increasing the statutory reserve ratio Selling the CBSL holding of Gov T bills/Bonds Selling CBSL securities to the market Using Repurchase agreements Selling USD to the market Using USD Sell by Buy swap @CBSL"  
[X Link](https://x.com/yasasrij/status/1825855422374490497)  2024-08-20T11:20Z [---] followers, [--] engagements


"@Chathurangaab As NPP adopts a pro-economic growth interest rate those familiar with economics know what will follow. Theyll begin printing money to keep interest rates down and the consequences will become evident in the near future"  
[X Link](https://x.com/yasasrij/status/1832003062636187661)  2024-09-06T10:29Z [---] followers, [--] engagements


"The NPP claims they will Maintain pro-economic growth policy interest rates. This can potentially be achieved through the following measures: 1.Repealing the new CBSL Act and resuming money printinglikely the most straightforward and probable approach. 2.Reducing the 1/2"  
[X Link](https://x.com/yasasrij/status/1832978520638890165)  2024-09-09T03:05Z [---] followers, [---] engagements


"@Chathurangaab @rw Can you please explain how you are going toMaintain pro-economic growth policy interest rates"  
[X Link](https://x.com/yasasrij/status/1834608791285047540)  2024-09-13T15:03Z [---] followers, [--] engagements


"@KaviSenu As per your theory a former players kid cant represent Sri Lanka"  
[X Link](https://x.com/yasasrij/status/1834844713389625694)  2024-09-14T06:40Z [---] followers, [--] engagements


"Great to hear about the confirmation from both the IMF and the Official Creditor Committee on the ISB restructuring process. Could the supply of local bonds in the secondary market rise due to the exchange of a portion of outstanding ISBs for LKR instruments 1/2"  
[X Link](https://x.com/yasasrij/status/1842229984422658439)  2024-10-04T15:47Z [---] followers, [---] engagements


"@rowmewan1 @CBSL @CSE_Media Banks provisions are in LKR . You mean they already got the approval from CBSL and bought USD from the market for these provisions"  
[X Link](https://x.com/yasasrij/status/1842436214617457031)  2024-10-05T05:26Z [---] followers, [--] engagements


"@RashminL42160 If that is the case there wont be any issue in the FX market. However more LKR bonds means supply can be increased in the secondary market"  
[X Link](https://x.com/yasasrij/status/1842439267056058463)  2024-10-05T05:38Z [---] followers, [--] engagements


"@RashminL42160 These bonds will not come into the secondary market however the bonds ( LKB ISIN ) they have already invested can come into the market and their future investments in bonds will also be reduced"  
[X Link](https://x.com/yasasrij/status/1842440047515357535)  2024-10-05T05:41Z [---] followers, [--] engagements


"Wow what a wise decision by the new government πŸ˜‚ Clearly theyve mastered the concept of opportunity cost or not. Govt. to preserve iconic Nuwara Eliya Post Office https://t.co/kUEEP6mvkR Govt. to preserve iconic Nuwara Eliya Post Office https://t.co/kUEEP6mvkR"  
[X Link](https://x.com/yasasrij/status/1844295547790020608)  2024-10-10T08:34Z [---] followers, [---] engagements


"@theGayan @CBSL @CSE_Media At the moment sovereign exposure to total banking sector assets is 45.7%. If this increases further capital will not flow to the most efficient sector"  
[X Link](https://x.com/yasasrij/status/1845386518145147124)  2024-10-13T08:50Z [---] followers, [---] engagements


"In its [----] Financial Stability Report CBSL highlights that an illiquid secondary market for gov securities hinders efforts to attract much-needed foreign investments. However they issue multiple bond series further reducing secondary market liquidity. @CBSL @CSE_Media CBSL has introduced yet another bond series for next weeks auction. If their goal is to lower government borrowing costs they should prioritize fostering an active secondary market for these bonds. Adding more bond series is undermining market liquidity. @CBSL @CSE_Media #LK https://t.co/GQFS5GDjC6 CBSL has introduced yet"  
[X Link](https://x.com/yasasrij/status/1845412056549425317)  2024-10-13T10:31Z [---] followers, [---] engagements


"@rowmewan1 @CBSL @CSE_Media 1) They should maintain a buffer 2) The government should buy back bonds when secondary market yields are favorable. Examining the maturities and issued amounts its clear this isnt due to a mere concentration of maturities"  
[X Link](https://x.com/yasasrij/status/1845439326777143713)  2024-10-13T12:19Z [---] followers, [--] engagements


"Despite the recovery in tourism earnings 40% of loans to the sector remain non-performing. However with tourism accounting for just 3.8% of total bank credit the default risk poses a limited threat to the banking sector. [----] Financial Stability Report @CSE_Media @CBSL"  
[X Link](https://x.com/yasasrij/status/1845778933440245925)  2024-10-14T10:49Z [---] followers, [--] engagements


"T-Bill yields have dropped for the fourth consecutive auction post-presidential election. Increased overnight market LKR liquidity from CBSL's USD purchases has driven this trend. Net ON liquidity now exceeds LKR [---] billion. @CSE_Media @CBSNews"  
[X Link](https://x.com/yasasrij/status/1846127672880951520)  2024-10-15T09:55Z [---] followers, [---] engagements


"Sri Lanka's PMI data for September shows a mixed picture: Manufacturing PMI dropped to [----] from [----] in August indicating slower expansion while Service PMI fell sharply to [----] from [----] reflecting a much slower growth rate. @CSE_Media @CBSNews #lk #LKR"  
[X Link](https://x.com/yasasrij/status/1846414513274229033)  2024-10-16T04:54Z [---] followers, [--] engagements


"@theGayan The only plausible way for yields to decline further seems to be a rate cut in November given the significant gap between the SLFR and headline inflation. Foreigners would need a 400bp cushion in the FX forward market especially after the LKRs recent gains"  
[X Link](https://x.com/yasasrij/status/1848215638298275916)  2024-10-21T04:12Z [---] followers, [---] engagements


"With the PDD introducing a new bond maturing in [----] for the next auction secondary market liquidity could weaken further for bonds maturing in [----] as there are already [--] bonds set to mature that year. @CBSL @CSE_Media @mahindasiri6 #LK #SRILGB #LKR"  
[X Link](https://x.com/yasasrij/status/1849345451671376244)  2024-10-24T07:01Z [---] followers, [---] engagements


"The real rate on the 364-day T-bill has surpassed 10% as inflation remains negative for the second consecutive month. Could this be a strong signal of another policy rate cut in the upcoming policy meeting @CSE_Media https://www.charts.lk/d/672638e7593fd32625bc3ba1 https://www.charts.lk/d/672638e7593fd32625bc3ba1"  
[X Link](https://x.com/yasasrij/status/1852924532941521170)  2024-11-03T04:03Z [---] followers, [--] engagements


"@theGayan @Economynext @CBSL @CSE_Media If A wants to lend to B for one year A can involve C lending to C overnight basis for the year while C lends the full term to B. This shows why continuous Open Market Operations (OMO) use should be discouraged for both PDs and CBs"  
[X Link](https://x.com/yasasrij/status/1853389166329110894)  2024-11-04T10:49Z [---] followers, [--] engagements


"@MUSHTAQFUAD1 @Channa_Amare One benefit of holding GRAN instead of TFAL is that the dividends declared by GRAIN are derived from the dividend income and are exempted from the 15% tax. Nevertheless I'm curious why these companies don't engage in share buybacks which gives option to SHs"  
[X Link](https://x.com/yasasrij/status/1857434949760241722)  2024-11-15T14:46Z [---] followers, [----] engagements


"To protect export industries and tourism its time for the CBSL to adopt an alternative REER approach to assess the LKRs relative strength against competitors currencies rather than relying solely on the the relative share of bilateral trade. @CBSL @CSE_Media #LK #LKR"  
[X Link](https://x.com/yasasrij/status/1858810523921613072)  2024-11-19T09:52Z [---] followers, [---] engagements


"Billionaire Gautam Adani of India's Adani Group charged in US with bribery fraud https://www.reuters.com/legal/chair-indias-adani-group-indicted-united-states-2024-11-20/ https://www.reuters.com/legal/chair-indias-adani-group-indicted-united-states-2024-11-20/"  
[X Link](https://x.com/yasasrij/status/1859472319967608929)  2024-11-21T05:42Z [---] followers, [--] engagements


"Increased market liquidity has pushed 3M & 6M bill yields below the ON market rate. However auction demand remains strong with a high bid-to-offer ratio. @CBSL @CSE_Media"  
[X Link](https://x.com/yasasrij/status/1900018437033996683)  2025-03-13T02:57Z [---] followers, [--] engagements


"@gihan_dd @CBSL @CSE_Media If CBSL opts for a 25bps cut secondary market rates may not rise exactly by 25bps but some upward movement is possible. A smaller-than-expected cut could lead to a reassessment of the rate outlook prompting yields to adjust accordingly"  
[X Link](https://x.com/yasasrij/status/1904350070952395062)  2025-03-25T01:50Z [---] followers, [--] engagements


"CBSL Holds Rates Steady 🚨 Despite market expectations for a cut CBSL kept policy rates unchanged. Leading up to the announcement bond yields jumped nearly 30bps last two days . Itll be interesting to see how secondary market rates react today. @CBSL @CSE_Media #LKR #SRILGB"  
[X Link](https://x.com/yasasrij/status/1904716936518525075)  2025-03-26T02:08Z [---] followers, [---] engagements


"The proposed reciprocal tariff rates for exports from Sri Lanka India Vietnam and Bangladesh to the USannounced today April [--] 2025appear to be as follows Sri Lanka: 44% India: 26% Vietnam: 46% Bangladesh: 37% @CSE_Media @CBSL #Lk https://www.newsweek.com/trump-reciprocal-tariff-chart-2054514 https://www.newsweek.com/trump-reciprocal-tariff-chart-2054514"  
[X Link](https://x.com/yasasrij/status/1907603923978047808)  2025-04-03T01:19Z [---] followers, [---] engagements


"CBSL held weighted average T-Bill rates steady by accepting just 4.7% of the offered amount at the auction. Meanwhile bond yields have risen sharplyby around [---] to [---] basis pointssince the last policy announcement where rates were left unchanged. @CBSL @CSE_Media #LKA #LKR"  
[X Link](https://x.com/yasasrij/status/1909908002464837981)  2025-04-09T09:55Z [---] followers, [--] engagements


"Despite reported excess liquidity of LKR [---] Bn in money markets it appears concentrated among a few banks mainly state-owned. Rising swap points suggest other banks are relying on USD S/B swaps to cover their LKR funding gaps. @CBSL @CSE_Media #LK #LKR"  
[X Link](https://x.com/yasasrij/status/1971244355521478887)  2025-09-25T16:04Z [---] followers, [--] engagements


"Liquidity squeeze hits private banks as deposits drain into govt tax accounts at state banks. Slow govt spending & weak state bank credit growth keep liquidity locked driving up deposit rates & long bond yields with lower T-bill rates. @CBSL @CSE_Media #LKR"  
[X Link](https://x.com/yasasrij/status/1973772808540066175)  2025-10-02T15:31Z [---] followers, [--] engagements


"@rowmewan1 @CBSL @CSE_Media My point is: if foreign banks have risk limits to the government should they have gone for bonds maturing in early [----] since the Feb May and June [----] maturities are all offered above 8% in secondary market unless their limit specifically restricts them to 3-month tenorsπŸ€”"  
[X Link](https://x.com/yasasrij/status/1974493722936320225)  2025-10-04T15:16Z [---] followers, [--] engagements


"Todays FD advertisements in the Sunday Times show private banks still struggling to grow deposits despite Rs.170Bn+ excess liquidity in the market. Liquidity remains concentrated with state and foreign banks. Unless the government accelerates capital spending next 1/2"  
[X Link](https://x.com/yasasrij/status/1974720373561442324)  2025-10-05T06:16Z [---] followers, [---] engagements


"2/2 quarter pressure on interest rates and on banks NIMs in Q4 will rise as Rs.300Bn is also expected to flow into government accounts over the next [--] months from vehicle taxes. @CBSL @CSE_Media #LKR #LK"  
[X Link](https://x.com/yasasrij/status/1974720377931911499)  2025-10-05T06:16Z [---] followers, [--] engagements


"Despite limited supply of [--] year bonds in the primary market yields in this segment have risen [----] bps over the past three months while T-bills and long-end yields remain steady. Likely reflects banks trimming T-bond holdings to support credit growth. @CBSL @CSE_Media #LK"  
[X Link](https://x.com/yasasrij/status/1975053188278747549)  2025-10-06T04:19Z [---] followers, [---] engagements


"In Aug Pvt credit in Sri Lanka rose by LKR [-----] bn (+20.5% YoY). Lower growth in net credit to govt and reduced SOE credit kept M2b growth at 10.7%. Assuming stable velocity and 5% real GDP growth this points to mid-single-digit inflation in [---] months @CBSL @CSE_Media #LK"  
[X Link](https://x.com/yasasrij/status/1977311826582069759)  2025-10-12T09:54Z [---] followers, [---] engagements


"@Desh1987 @CBSL @CSE_Media CBSL has room to cut rates. I believe they may act if they see weaker exports and slowing growth especially if the Fed moves aggressively with rate cuts"  
[X Link](https://x.com/yasasrij/status/1977325134328557999)  2025-10-12T10:47Z [---] followers, [--] engagements


"@PublicFinanceLK As per the [----] budget total domestic borrowing is LKR 2125Bn. Gov has added new debt nearly LKR 346Bn by issuing TBills/Bonds up to-end April. Can we expect nearly LKR [----] Bn of new domestic borrowings for next [--] months"  
[X Link](https://x.com/yasasrij/status/1787430849530544609)  2024-05-06T10:34Z [---] followers, [--] engagements


"By end-Aug CBSL had USD 938m in buy-sell swaps maturing over the next [--] months. This exposes a looming rollover risk forcing CBSL to return to the market with fresh USD B/S swaps in a desperate bid to defend year-end reserves. @CBSL @CSE_Media #LKR #LK"  
[X Link](https://x.com/yasasrij/status/1974318311753273721)  2025-10-04T03:39Z [---] followers, [---] engagements


"@rowmewan1 @CSE_Media Private Credit Gap = (Credit / GDP) Long-term trend Yes the credit gap has returned to [----] levels. But part of this reflects a rebound after the [----] default and credit contraction. Historically credit-to-GDP trended around 3035%. So the current gap signals recovery phase"  
[X Link](https://x.com/yasasrij/status/1978046633398161571)  2025-10-14T10:34Z [---] followers, [--] engagements


"Banks maturity gap analysis shows a negative position in the up-to-one-year bucket at 1H [----] which could pressure margins if market rates rise. Interest Rate Gap measures the difference between a banks rate-sensitive assets and rate-sensitive liabilities over a given 1/2"  
[X Link](https://x.com/yasasrij/status/1982315051206991932)  2025-10-26T05:15Z [---] followers, [---] engagements


"2/2. .time period. Interest Rate Gap = RSA RSL Positive gap: RSA RSL bank benefits if rates rise (more income than cost). Negative gap: RSA RSL bank loses if rates rise (more cost than income). @CSE_Media @CBSL #LK #LKR"  
[X Link](https://x.com/yasasrij/status/1982315055799738693)  2025-10-26T05:15Z [---] followers, [--] engagements


"As foreign holdings account for only 0.69% of LKR Treasury bills and bonds the impact of global market uncertainty on local yields and the exchange rate is relatively contained in Sri Lanka. @CSE_Media @CBSL #LK #LKR Our new analysis in the Global Financial Stability Report reveals that in emerging economies greater domestic ownership of local currency debt reduces the impact from global shocks and bond yields rise less than they would otherwise amid turbulence: https://t.co/glm1q8GR4n https://t.co/iRpxRqsGSk Our new analysis in the Global Financial Stability Report reveals that in emerging"  
[X Link](https://x.com/yasasrij/status/1984073852247536090)  2025-10-31T01:44Z [---] followers, [---] engagements


"The government plans to raise USD [---] million through SLDB issuances in [----]. This could help keep USD fixed-deposit rates offered by banks steady even if the Federal Reserve lowers rates. #LK #LKR @CBSL @CSE_Media"  
[X Link](https://x.com/yasasrij/status/1992108648684982331)  2025-11-22T05:51Z [---] followers, [--] engagements


"The Gov has announced the first USD Development Bond auction since the default offering USD 50m with an option to raise it to USD 150m. This signals difficulty meeting year-end NIR targets solely through market purchases without pressuring the exchange rate. @CSE_Media @CBSL"  
[X Link](https://x.com/yasasrij/status/1992820223666516217)  2025-11-24T04:59Z [---] followers, [---] engagements


"@theGayan Under the Basel III Capital Requirements Regulation an offshore-registered bank using the Standardised Approach for credit risk must apply a 150% risk weight to a sovereign exposure rated CCC. I dont think they will be interested in that"  
[X Link](https://x.com/yasasrij/status/1992910943534375115)  2025-11-24T10:59Z [---] followers, [--] engagements


"CBSL Governor says Nov-end reserves should be in the USD 6bn range. Govt also expects USD 340m from the IMF USD 370m from the ADB and some WB inflows in December which may lift year-end reserves. But these inflows are all borrowings not organic FX. @CBSL @CSE_Media #LK #LKR"  
[X Link](https://x.com/yasasrij/status/1993867719863881808)  2025-11-27T02:21Z [---] followers, [--] engagements


"As expected signs of a correction in T-bill rates emerged at yesterdays auction. Cut-off rates for the 3M 6M and 12M maturities rose by [--] [--] and [--] bps respectively while only 55% of the offered amount was accepted. @CBSL @CSE_Media #LK #LKR #SRILGB"  
[X Link](https://x.com/yasasrij/status/2003716317279584702)  2025-12-24T06:36Z [---] followers, [--] engagements


"@Channa_Amare I wonder why they dont buy their own shares using the unutilized cash rather than using it for subpar investments. Then shareholders would have a choice"  
[X Link](https://x.com/yasasrij/status/2005132800341717445)  2025-12-28T04:24Z [---] followers, [--] engagements


"Despite over LKR 120bn in excess liquidity T-bill yields rose sharply while the government managed to raise only 47% of the offered amount. This highlights a structural imbalance in overnight liquidity largely concentrated in state-owned banks. @CSE_Media @CBSL #LK #LKR"  
[X Link](https://x.com/yasasrij/status/2007344664094061033)  2026-01-03T06:53Z [---] followers, [--] engagements


"A good initiative provided CBSL refrains from moral suasion on FX traders when the LKR is under depreciation pressure. If past practices continue this spot index will not reflect the true market as dealers will shift to the forward market to avoid scrutiny. @CBSL #LKR #LK"  
[X Link](https://x.com/yasasrij/status/2009293212414873861)  2026-01-08T15:56Z [---] followers, [---] engagements


"Private-sector credit is up 26% YoY is this alarming Total credit growth (Pvt + Pub + Gov) is 11.5% YoY with Pvt credit-to-GDP around 33%. Despite reserve money rising 16.8% M2b grew 11.3% reflecting that banks remain cautious and transmission is weak. @CBSL #LK #LKR"  
[X Link](https://x.com/yasasrij/status/2010567024238637502)  2026-01-12T04:18Z [---] followers, [---] engagements


"This is in the U.S. In Sri Lanka bank credit to small businesses was curtailed after a law restricted parate execution for loans below Rs. [--] mn. Banks manage depositors money and must be allowed to manage risk. @CBSL @CSE_Media @Chathurangaab #LKR #LK https://www.bbc.com/news/articles/crmlkxjm88ko https://www.bbc.com/news/articles/crmlkxjm88ko"  
[X Link](https://x.com/yasasrij/status/2011655249103372777)  2026-01-15T04:22Z [---] followers, [---] engagements


"@Channa_Amare @CBSL If you check these finance companies loan-to-deposit ratios and their loan growth versus deposit growth over the last nine months you will understand that they need to launch aggressive deposit mobilization to sustain loan growth"  
[X Link](https://x.com/yasasrij/status/2014219677107650942)  2026-01-22T06:12Z [---] followers, [--] engagements


"@danukalive LFIN trades at a forward P/E of 7.4x with a Tier [--] capital ratio of 19.3% which provides ample headroom for growth without the need for capital raising. If a P/E multiple of 12x is applied to LFIN the implied share price would be [---]. πŸ˜‰#LFIN"  
[X Link](https://x.com/yasasrij/status/2014272778443345990)  2026-01-22T09:43Z [---] followers, [--] engagements


"Overnight money market liquidity has risen to a record LKR 266B. However banks and NBFIs still face challenges in growing deposit bases if they price deposits in line with T-bill rates. This is largely because liquidity is concentrated in a few banks. #LK #LKR @CSE_Media @CBSL"  
[X Link](https://x.com/yasasrij/status/2019283746181226598)  2026-02-05T05:35Z [---] followers, [---] engagements


"Look at the sheer scale of the Magnificent [--] companies. Alphabet (Googles parent) plans to invest USD 175185bn in AIabout [---] Sri Lankas GDP. @CSE_Media"  
[X Link](https://x.com/yasasrij/status/2019317625600503921)  2026-02-05T07:50Z [---] followers, [---] engagements


"TBill yields up at the auction for the second consecutive week mainly due to tight LKR liquidity in the money market. 3M 19.99% up by 91bp 6M 17.77% up by 82bp 12M 14.34% up by 30bp As of 18th ON Market deficit has gone up to - LKR [---] Bn from-179Bn (11th)"  
[X Link](https://x.com/yasasrij/status/1681611643493715969)  2023-07-19T10:27Z [---] followers, [--] engagements


"@CSE_Media @CBSL The total maturity of the Bond & Coupon payment on Dec [--] amounting to LKR [-----] Bn. Despite this the bond auction offers a face value of only LKR [---] Bn potentially raising approximately LKR [---] Bn at current market yields. #LKR #SRILGB #LKA"  
[X Link](https://x.com/yasasrij/status/1733028378129899917)  2023-12-08T07:38Z [---] followers, [--] engagements


"@rowmewan1 @CSE_Media @CBSL We saw this after the 28th policy announcement. It is interesting to see how market will react for this week auctionthe largest amount offered for this year LKR 235Bn "  
[X Link](https://x.com/yasasrij/status/1797465991825567924)  2024-06-03T03:11Z [---] followers, [--] engagements


"This weeks T-bill auction saw only 56% acceptance in Phase I. Despite LKR 123Bn liquidity in the market there was zero demand in Phase II. Overnight money traded at 7.90% while the government continues to hold 3M T-bill yields near 7.52%. @CBSL @CSE_Media #LK #LKR"  
[X Link](https://x.com/yasasrij/status/1981602249702056141)  2025-10-24T06:02Z [---] followers, [---] engagements


"The Gov has given CBSL a 5% headline inflation target. In March [----] CBSL expected to hit 5% by end-25; by Jan [----] this shifted to mid-26. This shows why the target should be core inflation not headline inflation which is distorted by administrative price hikes. @CBSL #LK"  
[X Link](https://x.com/yasasrij/status/2016360590747619673)  2026-01-28T04:00Z [---] followers, [---] engagements


"The PDMis holding its second bond auction of the year today aiming to raise LKR 205B. At the first auction the 10Y bond cutoff was 11.75% [--] bps above the WAY of 11.08% an unusually high acceptance for a 10Y tenor. Hopefully this will not be repeated. @CBSL @CSE_Media #LKR"  
[X Link](https://x.com/yasasrij/status/2016705938372370738)  2026-01-29T02:52Z [---] followers, [--] engagements


"@Channa_Amare @DjangoDavidson One should understand that a markets PE ratio can be a function of a countrys interest rates sustainable growth prospects and country risk. Higher interest rates lower growth or higher country risk typically result in lower PE ratios"  
[X Link](https://x.com/yasasrij/status/2017054514407493792)  2026-01-30T01:57Z [---] followers, [--] engagements


"@sonaljay8 @Channa_Amare One reason Sri Lanka has struggled to attract high-spending tourists is the lack of top-end global hotel chains that actively do destination marketing. Most five-star hotel rooms are owned by local companieslargely a legacy of the long civil war"  
[X Link](https://x.com/yasasrij/status/2017849005318017207)  2026-02-01T06:34Z [---] followers, [--] engagements


"@theGayan @CBSL @CSE_Media If CBSL does not phase out these caps before tightening liquidity weaker FIs will come under additional stress. YTD loan and deposit growth shows that these institutions increasingly rely on bank financing instead of deposits"  
[X Link](https://x.com/yasasrij/status/2017931416466841979)  2026-02-01T12:01Z [---] followers, [--] engagements


"Offshore investors can invest up to USD 3Bn (5%) in Sri Lankan bonds and T-bills but holdings are still just 0.8% (USD 473mn). With Fed easing and a possible sovereign upgrade inflows could risecreating real FX-risk challenges for traders and CBSL.#LK https://economynext.com/foreign-holding-in-sri-lanka-rupee-bonds-reaches-27-month-high-after-heavy-buying-259524/ https://economynext.com/foreign-holding-in-sri-lanka-rupee-bonds-reaches-27-month-high-after-heavy-buying-259524/"  
[X Link](https://x.com/yasasrij/status/2018184456679678241)  2026-02-02T04:47Z [---] followers, [---] engagements


"The last policy rate cut was in May [----]. Banks and NBFIs seem to believe we are at the bottom of the rate cycle. The recent enthusiasm for issuing debentures likely reflects this. Locking in long-term borrowing at current levels could improve future NII margins. #LK #LKR @CBSL"  
[X Link](https://x.com/yasasrij/status/2018606119468536296)  2026-02-03T08:42Z [---] followers, [---] engagements


"Renewed interest among local bond traders in long-tenor bonds follows a [----] bps drop in long-term yields over the past two weeks alongside offshore buying and record overnight liquidity. Yesterdays bond auction was a success with a bid-to-offer ratio of [----]. @CBSL #LK #LKR"  
[X Link](https://x.com/yasasrij/status/2022159536891842928)  2026-02-13T04:02Z [---] followers, [---] engagements

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@yasasrij Avatar @yasasrij yasasri

yasasri posts on X about rates, money, inflation, auction the most. They currently have [---] followers and [---] posts still getting attention that total [--] engagements in the last [--] hours.

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Social Influence

Social category influence finance currencies countries

Social topic influence rates, money, inflation, auction, yield curve, sri, sri lanka, omo, liquidity, into the

Top assets mentioned Lends (LENDS)

Top Social Posts

Top posts by engagements in the last [--] hours

"@RealBBR_Mindset Why you are silent on gearing ratio"
X Link 2023-02-20T07:29Z [---] followers, [--] engagements

"@rowmewan1 Yes theoretically it could be due to both . However if you study both action points we can conclude that currency appreciation and lower rates have reduced foreign interest in government securities . Hope this is a temporary situation"
X Link 2023-06-17T08:45Z [---] followers, [--] engagements

"@theGayan If the banks are opted to convert the SLDB to LKR bonds there will be a currency mismatch between assets and liabilities. Up to now banks were allowed to add it to NOP and cover it from the market. Do you expect additional USD demand nearly to USD [--] Bn in FX mkt due to this"
X Link 2023-07-05T10:45Z [--] followers, [----] engagements

"@kanchana_wij πŸ€” Curious to learn Sinopec's plans for the LKR they'll receive from local fuel sales. According to @kanchana_wij if they won't seek USD from local banks they might accumulate [--] months' worth of working capital in LKR # LKR"
X Link 2023-08-02T04:26Z [---] followers, [---] engagements

"πŸ€” Curious to learn Sinopec's plans for the LKR they'll receive from local fuel sales. According to @kanchana_wij if they won't seek USD from local banks they might accumulate [--] months' worth of working capital in LKR # LKR 1st fuel cargo of Sinopec has commenced discharging & the 2nd cargo will arrive tomorrow. Entry of new retail suppliers to the domestic market will ease the forex requirements for petroleum products as the suppliers will bring in products on a [--] month financing facility from https://t.co/q7M11kvA07 1st fuel cargo of Sinopec has commenced discharging & the 2nd cargo will"
X Link 2023-08-02T04:27Z [---] followers, [---] engagements

"@rowmewan1 @CBSL @CSE_Media Yield curve management involves targeting a longer-term interest rate by a central bank then buying or selling as many bonds as necessary to hit that rate target. It sharply differs from quantitative easing (QE) in its approach"
X Link 2023-08-29T10:48Z [--] followers, [--] engagements

"@LankaOnline @ChronicleLK @CBSL @an_cabraal @CBSL EPF members need not be concerned solely with the nominal interest rate; their focus should be on the real interest rate. Positive real interest rates are what they should watch for as it only contribute to the growth of their purchasing power"
X Link 2023-08-30T04:39Z [--] followers, [--] engagements

"@CBSL If the Finance Ministry and CBSL have a strong belief that by implementing these suggested reforms they can maintain inflation below 9%in long run they ought to consider providing a inflation indexed bond to EPF"
X Link 2023-09-01T03:39Z [--] followers, [--] engagements

"@n2addict Money printing does not lead to inflation Dr. Kenneth de Zilva - Daily Mirror"
X Link 2023-09-02T06:02Z [--] followers, [--] engagements

"@NCdeMel Economists missed the mark in educating EPF members and labor leaders about the crucial aspects of securing a real return for the fund. If handled correctly EPF could have been got a bond with a provision to adjust the coupon rate when monthly inflation exceeds 9%"
X Link 2023-09-10T03:43Z [--] followers, [--] engagements

"On the settlement date (September 14th) of LKR 3.2T bond exchange an additional LKR [---] billion will enter the market as accrued interest from these bonds. This influx of LKR liquidity will help to reduce short-term interest rates. @CBSL#LKR"
X Link 2023-09-13T04:26Z [--] followers, [--] engagements

"@theGayan You're correct in stating that bondholders (Superannuation Funds) won't receive any additional benefits. However this approach can enhance liquidity in the overnight (ON) market. If GOSL prints to pay this ON LKR liquidity can be increased by over LKR 109Bn"
X Link 2023-09-13T08:35Z [--] followers, [--] engagements

"As anticipated GOSL has printed LKR [---] billion by issuing T Bills to the CBSL for settling the accrued interest on eligible bonds swapped by Superannuation Funds. This has led to an ON liquidity surplus of LKR [--] billion excluding the surplus held by foreign banks"
X Link 2023-09-14T12:26Z [--] followers, [---] engagements

"@Channa_Amare @CSE_Media If a company cannot achieve returns higher than the hurdle rate the optimal choice is to distribute it among shareholders. Considering that the dividend method is taxed at 15% why do Sri Lankan companies not opt for share buybacks #LKR"
X Link 2023-09-15T06:38Z [--] followers, [---] engagements

"@ChayuDamsinghe Indexing the bond to core inflation would have been a wise choice as it can partially shield against external shocks impact . This way EPF members wouldn't face penalties for fiscal mismanagement"
X Link 2023-09-15T11:36Z [--] followers, [--] engagements

"@rowmewan1 @hthemaka It's impossible to judge if EPF accepting the DDO is wise right now; only time will reveal that. If the government maintains mid-single-digit inflation and keeps interest rates below 10% for the next decade it will benefit EPF members and all citizens"
X Link 2023-09-16T08:18Z [--] followers, [--] engagements

"Last Friday the Gov successfully offset the money printed for accrued interest payment by allowing LKR [---] Bn in T Bills held by CBSL to mature. Additionally the government borrowed a total of [---] Bn from the market through a combination of Bill and bond issuances on that day"
X Link 2023-09-18T09:00Z [--] followers, [---] engagements

"Sri Lankan banks are encountering challenges in finding attractive rates for investing USD due to avoiding investments in ISBs. The situation is exacerbated by exporters' limited interest in credit. USD savers should prepare for reduced deposit returns. #LKR"
X Link 2023-09-19T14:20Z [--] followers, [---] engagements

"Having more than [------] + security personnels the 17th highest in the world which exceeds even UK figures and allocating LKR [-----] BN 1.78% of the GDP to maintain them still we have failed in controlling crime"
X Link 2023-09-21T03:28Z [--] followers, [--] engagements

"@gihan_dd @CBSL @ChayuDamsinghe @rowmewan1 @theGayan You will experience a bull steepener of the yield curve. I will assume long term bond supply to be higher in near term as Gov may try to smooth the repayment profile to avoid a number of repayment humps "
X Link 2023-09-23T08:15Z [--] followers, [--] engagements

"@RandomNoise007 The impact on yields from this action is expected to be significantly lower as historically a considerable portion of T Bills held by CBSL was refinanced by issuing new T Bills directly to CBSL bypassing the auction system without impacting the yields"
X Link 2023-09-23T09:47Z [--] followers, [----] engagements

"@RandomNoise007 However you will experience a bull steepener of the yield curve. I will assume long term bond supply to be higher in near term as Gov may try to smooth the repayment profile to avoid a number of repayment humps "
X Link 2023-09-23T09:51Z [--] followers, [---] engagements

"Despite reducing the offered T Bill amount by nearly two-thirds the auction rates have not displayed a substantial decrease. It's high time for the Central Bank of Sri Lanka (CBSL) to consider strengthening Open Market Operations (OMO) to inject LKR liquidity. @CBSL"
X Link 2023-09-26T09:21Z [--] followers, [---] engagements

"Despite the Monetary Board (MB) pursuing a loose monetary policy the present constrained overnight liquidity situation is impeding the reduction of short-term yields. Either Open Market Operations (OMO) must take more assertive measures or building reserves should inject 1/2"
X Link 2023-09-26T09:27Z [--] followers, [---] engagements

"@CBSL The Central Bank of Sri Lanka (CBSL) should seriously consider exposing these management trainees to the Domestic Foreign Exchange Market within a bank's trading room environment. This exposure will aid in enhancing their understanding of market dynamics"
X Link 2023-09-27T08:52Z [--] followers, [---] engagements

"CBSL faces a choice between interest rates and the exchange rate. If they aim to bolster reserves they must engage in aggressive buying from the market which could lead to an increase in exchange rates. I feel as usual they are trying to defend the both . @CBSL @CSE_Media #LKR"
X Link 2023-09-28T04:04Z [--] followers, [----] engagements

"@gihan_dd @CBSL @CSE_Media Building reserves will inject LKR liquidity into the market but may exert pressure on the exchange rate. If sterilization measures are not taken it could result in a decrease in short-term interest rates at the cost of the exchange rate. #LKR #LKA"
X Link 2023-09-28T06:03Z [--] followers, [--] engagements

"@CBSL To expedite the reduction of market lending rates it's crucial for CBSL departments to collaborate instead of operating in isolation. Both OMO and MB should grasp the distinction between injecting LKR liquidity into the market and monetization. #LKR #LKA"
X Link 2023-10-05T02:26Z [--] followers, [---] engagements

"To expedite the reduction of market lending rates it's crucial for CBSL departments to collaborate instead of operating in isolation. Both OMO and MB should grasp the distinction between injecting LKR liquidity into the market and monetization"
X Link 2023-10-05T02:29Z [--] followers, [----] engagements

"@ChayuDamsinghe In the realm of central banking open market operations and fiscal deficit monetization are distinct processes. OMO operations must align with Monetary Board decisions and adapt dynamically. They possess additional tools beyond government securities to infuse liquidity"
X Link 2023-10-05T03:25Z [--] followers, [--] engagements

"@CBSL @CSE_Media If the CBSL aims to enact a lenient monetary policy it should manifest in all CBSL actions. Maintaining tight overnight liquidity while lowering policy rates may not yield the intended results"
X Link 2023-10-05T05:15Z [--] followers, [---] engagements

"@CBSL It's encouraging to note the CBSL's announcement of a LKR [--] billion [--] days Re Repo auction today to boost LKR liquidity in the market. It's a positive step in the right direction yet extending the tenor is necessary for a swift transmission of MP to reach the grassroots level"
X Link 2023-10-06T05:07Z [--] followers, [--] engagements

"@CBSL @CSE_Media The CBSL has announced a LKR [--] Bn [--] days Reverse Repo auction today to inject liquidity into the marketa positive move in the right direction. Nonetheless extending the tenor would expedite the transmission of Monetary Policy to the grassroots level. #LKR"
X Link 2023-10-06T05:10Z [--] followers, [--] engagements

"A new bond auction has been announced to raise LKR [--] Bn to repay LKR [----] Bn of coupon maturity on [--] October. Out of [--] Bn LKR [----] billion is due to CBSL. It's interesting to observe the government's strategy for repaying the remaining amount @CBSL @CSE_Media"
X Link 2023-10-09T07:44Z [--] followers, [---] engagements

"@ChayuDamsinghe @buddhika_live @rowmewan1 @CBSL @CSE_Media I received a clarification regarding the accrued interest of bonds issued under DDO. It appears they have deviated from the current market convention. For the new bonds the first coupon interest is computed from the date of the exchange. Then the coupon due is LKR [--] billion"
X Link 2023-10-10T05:10Z [--] followers, [--] engagements

"@theGayan How large this buffer is the question On 15th December theres another LKR [-----] Bn bond maturity"
X Link 2023-11-27T03:37Z [---] followers, [---] engagements

"Today CBSL announced an auction to outright purchase of T-bonds. In August we deliberated on three actions for CBSL to enhance the swift transmission of monetary policy to the grassroots level: Inject sufficient LKR liquidity into the money market 1/3"
X Link 2023-12-15T10:05Z [--] followers, [---] engagements

"Utilize USD buy-sell swaps to infuse LKR liquidity. Implement a yield curve management strategy to lower the yield curve. While CBSL has indeed implemented all three actions with todays announcement it's noteworthy that the scale of these measurements has been. 2/3"
X Link 2023-12-15T10:05Z [--] followers, [--] engagements

"insufficient to exert a meaningful impact on the yield curve @CBSL @CSE_Media #LK #LKR #LKRYIELDS"
X Link 2023-12-15T10:05Z [--] followers, [--] engagements

"@theGayan @CBSL I wonder what are the positive benefits CBSL has achieved by having these restrictions when theyre on loose monetary policy. CBSL is making profit from lending idle funds of foreign banks in the CBSL AC due to restrictions on using SDFR #LKR #LKRYIELD"
X Link 2024-01-12T03:39Z [--] followers, [--] engagements

"@Channa_Amare Net Cash per share was [----] on 30th Sep [--]. Any idea about their WC management during the last few quarters Receivables has increased byLKR [---] Bn while payable has decreased by LKR [---] Bn inventory has decreased by 4Bn Sep to Dec "
X Link 2024-01-16T09:26Z [--] followers, [--] engagements

"@Channa_Amare As LIOC mainly purchases their oil through IOC cant they reduce these cash balance substantially by reducing payables in their balance sheet Isnt it a way to pass the benefit to holding company without declaring dividend"
X Link 2024-01-16T09:58Z [--] followers, [--] engagements

"@gihan_dd @CBSL In a prior OMO auction CBSL turned down all bids when the market bid below the prevailing secondary market rate. If their goal was to swiftly reduce yields they could have accepted all bids at that time. Are these signals creating confusion"
X Link 2024-01-19T12:03Z [--] followers, [--] engagements

"MB maintains policy rates at 9% and 10% . CBSL anticipates a future decrease in market interest rates. Despite four months passing since the DDO there is a significant [---] basis points spread between SLFR and 3M TBills. Is this due to tight ON liquidity @CBSL @CSE_Media #LKR"
X Link 2024-01-23T05:18Z [--] followers, [--] engagements

"Today OMO is having third bond buyback auction of the year featuring LKR 10bn worth of two bond series from [----] and [----]. Secondary market bond yields have dropped by nearly 50bp since the last auction where all bids were rejected. @CBSL @CSE_Media #LKR #LKRYIELD #SRILGB"
X Link 2024-01-26T04:49Z [--] followers, [---] engagements

"During the third T Bond OR purchase auction OMO accepted only LKR [--] Bn out of a total bid of LKR [---] Bn. The accepted bids had rates within the range of 13.20% aligning with the secondary market rate. Rejection of bids below 13.20% suggests that if accepted 1/2"
X Link 2024-01-27T17:26Z [--] followers, [---] engagements

"they could have lowered secondary market yields. Is OMO using these OR auctions as an alternative method to infuse liquidity regardless of yield curve management @CBSL @CSE_Media #LKR #LKRYIELD #SRILGB #LK"
X Link 2024-01-27T17:26Z [--] followers, [--] engagements

"Today's T-bond auction witnessed enhanced demand as the bid-to-offer ratio exceeded [--] times. Secondary market data reveals [----] maturity bonds closing below 13.00%. Anticipate a substantial decrease in T-bill rates at tomorrow's auction. @CBSL @CSE_Media #LKRYIELD #LKR"
X Link 2024-01-30T12:20Z [---] followers, [---] engagements

"@rowmewan1 What an upward slopping LKR yield curve says about future of SL economy"
X Link 2024-02-01T02:51Z [--] followers, [---] engagements

"CBSL announces relaxation of restrictions on SDF and SLF offering a positive outlook for foreign banks hesitant to lend surplus liquidity in ON market.Yetuncertainty looms over whether banks will be brave enough to borrow from SRR to generate assets"
X Link 2024-02-08T03:34Z [--] followers, [---] engagements

"YTD largest T-bond auction unfolds today . Despite LKR [---] Bn in maturities and coupon payments this month only LKR [---] Bn is offered at the auction. Will there be a significant raise in cutoff rates from current secondary market levels @CSE_Media @CBSL #LKR #SRILGB #LK"
X Link 2024-03-12T01:49Z [--] followers, [---] engagements

"If CBSL doesnt buy USD exchange rate can crash. However are they doing the correct thing by reducing daily buying rate. SL is not seeing an export boom or credit demandbut we have stopped paying foreign debts.Are we going see another Dutch disease @CBSL @CSE_Media #LKR #LKA #lka currency strength poses challenges for US$ earners such as exporters hotels plantations and logistics players while benefiting importers and US$ debt holders But volumes and US$ prices are the key Which businesses have pricing power to push through US$ price hikes #CSE https://t.co/kMHJE5ATE8 #lka currency strength"
X Link 2024-03-12T04:31Z [--] followers, [---] engagements

"@rowmewan1 @CBSL @CSE_Media It should be a range where lower bound should be set studying the relative strength of LKR compared to basket of our competitors currencies in exports market. If not repercussions will see in long term"
X Link 2024-03-13T03:37Z [--] followers, [---] engagements

"@rowmewan1 @CBSL @CSE_Media For that we have highly qualified people in CBSL. However still Im not aware that they consider our competitors currencies in exports market in deciding the floor daily. This temporary USD excess is due to low imports demand no Fx loan payments and improved tourism flows"
X Link 2024-03-13T04:04Z [--] followers, [--] engagements

"ON Market liquidity has increased to +49 Bn yet we haven't seen a significant decrease in short-term T-bill rates with ON call money rates at 8.65%. Will the CBSL use this liquidity to decrease their T-bill holdings @CBSL @CSE_Media #LKR #LKRYIELD #SRILGB"
X Link 2024-04-19T02:17Z [--] followers, [---] engagements

"@Joshuayogarajah @rowmewan1 @CSE_Media @CBSL Private sector credit growth remains low (3.5% YoY as of March). With low market demand for goods and no upward pressure on the inflation & exchange rate these factors will help keep interest rates lower for an extended period"
X Link 2024-06-04T01:30Z [--] followers, [---] engagements

"@rowmewan1 The CBSL has achieved this without altering interest rates due to decreased USD demand in the market. CBSL purchases USD by injecting LKR liquidity and by not reinvesting in their gov securities thus sterilizing the process. This should persist regardless of IMF agreements"
X Link 2024-06-23T01:25Z [--] followers, [---] engagements

"@NCdeMel Why did you only consider GDP when evaluating MLB How will GDP growth impact the countrys reserves and ability debt payments in USD In Sri Lanka we observed high GDP with low reserves because a significant portion came from construction and consumption"
X Link 2024-07-05T06:51Z [--] followers, [--] engagements

"Pvt sector credit growth is just 1% (71.5B) over the last [--] months. Headline inflation is 1.7% YoY and core is 4.4%. With the electricity tariff revision inflation pressure is expected to ease. 1Q GDP growth is 5.3% PMIs are above [--]. Thoughts on tom monetary policy@CSE_Media"
X Link 2024-07-23T09:02Z [--] followers, [--] engagements

"Political uncertainty is pushing long-term bond rates higher in the secondary market. Despite a [--] bp rate cut on July 24th bond yields have risen by approximately 100-150 bp since early May. @CBSL @CSE_Media #LK #LKR #LKRYIELD #SRILGB"
X Link 2024-08-08T03:40Z [--] followers, [--] engagements

"Lower money market liquidity and political uncertainty have deterred investors from 12-month T-bills. In the latest auction CBSL raised only 25% of the offered amount in 12M with a bid-to-offer ratio at a low of [----]. @CBSL @CSE_Media #LK #LKR #LKRYIELD"
X Link 2024-08-08T03:46Z [--] followers, [--] engagements

"CBSL has introduced yet another bond series for next weeks auction. If their goal is to lower government borrowing costs they should prioritize fostering an active secondary market for these bonds. Adding more bond series is undermining market liquidity. @CBSL @CSE_Media #LK"
X Link 2024-08-09T07:11Z [---] followers, [---] engagements

"@gihan_dd @theGayan CBSL can mop up excess LKR liquidity in the market by few ways. Increasing the statutory reserve ratio Selling the CBSL holding of Gov T bills/Bonds Selling CBSL securities to the market Using Repurchase agreements Selling USD to the market Using USD Sell by Buy swap @CBSL"
X Link 2024-08-20T11:20Z [---] followers, [--] engagements

"@Chathurangaab As NPP adopts a pro-economic growth interest rate those familiar with economics know what will follow. Theyll begin printing money to keep interest rates down and the consequences will become evident in the near future"
X Link 2024-09-06T10:29Z [---] followers, [--] engagements

"The NPP claims they will Maintain pro-economic growth policy interest rates. This can potentially be achieved through the following measures: 1.Repealing the new CBSL Act and resuming money printinglikely the most straightforward and probable approach. 2.Reducing the 1/2"
X Link 2024-09-09T03:05Z [---] followers, [---] engagements

"@Chathurangaab @rw Can you please explain how you are going toMaintain pro-economic growth policy interest rates"
X Link 2024-09-13T15:03Z [---] followers, [--] engagements

"@KaviSenu As per your theory a former players kid cant represent Sri Lanka"
X Link 2024-09-14T06:40Z [---] followers, [--] engagements

"Great to hear about the confirmation from both the IMF and the Official Creditor Committee on the ISB restructuring process. Could the supply of local bonds in the secondary market rise due to the exchange of a portion of outstanding ISBs for LKR instruments 1/2"
X Link 2024-10-04T15:47Z [---] followers, [---] engagements

"@rowmewan1 @CBSL @CSE_Media Banks provisions are in LKR . You mean they already got the approval from CBSL and bought USD from the market for these provisions"
X Link 2024-10-05T05:26Z [---] followers, [--] engagements

"@RashminL42160 If that is the case there wont be any issue in the FX market. However more LKR bonds means supply can be increased in the secondary market"
X Link 2024-10-05T05:38Z [---] followers, [--] engagements

"@RashminL42160 These bonds will not come into the secondary market however the bonds ( LKB ISIN ) they have already invested can come into the market and their future investments in bonds will also be reduced"
X Link 2024-10-05T05:41Z [---] followers, [--] engagements

"Wow what a wise decision by the new government πŸ˜‚ Clearly theyve mastered the concept of opportunity cost or not. Govt. to preserve iconic Nuwara Eliya Post Office https://t.co/kUEEP6mvkR Govt. to preserve iconic Nuwara Eliya Post Office https://t.co/kUEEP6mvkR"
X Link 2024-10-10T08:34Z [---] followers, [---] engagements

"@theGayan @CBSL @CSE_Media At the moment sovereign exposure to total banking sector assets is 45.7%. If this increases further capital will not flow to the most efficient sector"
X Link 2024-10-13T08:50Z [---] followers, [---] engagements

"In its [----] Financial Stability Report CBSL highlights that an illiquid secondary market for gov securities hinders efforts to attract much-needed foreign investments. However they issue multiple bond series further reducing secondary market liquidity. @CBSL @CSE_Media CBSL has introduced yet another bond series for next weeks auction. If their goal is to lower government borrowing costs they should prioritize fostering an active secondary market for these bonds. Adding more bond series is undermining market liquidity. @CBSL @CSE_Media #LK https://t.co/GQFS5GDjC6 CBSL has introduced yet"
X Link 2024-10-13T10:31Z [---] followers, [---] engagements

"@rowmewan1 @CBSL @CSE_Media 1) They should maintain a buffer 2) The government should buy back bonds when secondary market yields are favorable. Examining the maturities and issued amounts its clear this isnt due to a mere concentration of maturities"
X Link 2024-10-13T12:19Z [---] followers, [--] engagements

"Despite the recovery in tourism earnings 40% of loans to the sector remain non-performing. However with tourism accounting for just 3.8% of total bank credit the default risk poses a limited threat to the banking sector. [----] Financial Stability Report @CSE_Media @CBSL"
X Link 2024-10-14T10:49Z [---] followers, [--] engagements

"T-Bill yields have dropped for the fourth consecutive auction post-presidential election. Increased overnight market LKR liquidity from CBSL's USD purchases has driven this trend. Net ON liquidity now exceeds LKR [---] billion. @CSE_Media @CBSNews"
X Link 2024-10-15T09:55Z [---] followers, [---] engagements

"Sri Lanka's PMI data for September shows a mixed picture: Manufacturing PMI dropped to [----] from [----] in August indicating slower expansion while Service PMI fell sharply to [----] from [----] reflecting a much slower growth rate. @CSE_Media @CBSNews #lk #LKR"
X Link 2024-10-16T04:54Z [---] followers, [--] engagements

"@theGayan The only plausible way for yields to decline further seems to be a rate cut in November given the significant gap between the SLFR and headline inflation. Foreigners would need a 400bp cushion in the FX forward market especially after the LKRs recent gains"
X Link 2024-10-21T04:12Z [---] followers, [---] engagements

"With the PDD introducing a new bond maturing in [----] for the next auction secondary market liquidity could weaken further for bonds maturing in [----] as there are already [--] bonds set to mature that year. @CBSL @CSE_Media @mahindasiri6 #LK #SRILGB #LKR"
X Link 2024-10-24T07:01Z [---] followers, [---] engagements

"The real rate on the 364-day T-bill has surpassed 10% as inflation remains negative for the second consecutive month. Could this be a strong signal of another policy rate cut in the upcoming policy meeting @CSE_Media https://www.charts.lk/d/672638e7593fd32625bc3ba1 https://www.charts.lk/d/672638e7593fd32625bc3ba1"
X Link 2024-11-03T04:03Z [---] followers, [--] engagements

"@theGayan @Economynext @CBSL @CSE_Media If A wants to lend to B for one year A can involve C lending to C overnight basis for the year while C lends the full term to B. This shows why continuous Open Market Operations (OMO) use should be discouraged for both PDs and CBs"
X Link 2024-11-04T10:49Z [---] followers, [--] engagements

"@MUSHTAQFUAD1 @Channa_Amare One benefit of holding GRAN instead of TFAL is that the dividends declared by GRAIN are derived from the dividend income and are exempted from the 15% tax. Nevertheless I'm curious why these companies don't engage in share buybacks which gives option to SHs"
X Link 2024-11-15T14:46Z [---] followers, [----] engagements

"To protect export industries and tourism its time for the CBSL to adopt an alternative REER approach to assess the LKRs relative strength against competitors currencies rather than relying solely on the the relative share of bilateral trade. @CBSL @CSE_Media #LK #LKR"
X Link 2024-11-19T09:52Z [---] followers, [---] engagements

"Billionaire Gautam Adani of India's Adani Group charged in US with bribery fraud https://www.reuters.com/legal/chair-indias-adani-group-indicted-united-states-2024-11-20/ https://www.reuters.com/legal/chair-indias-adani-group-indicted-united-states-2024-11-20/"
X Link 2024-11-21T05:42Z [---] followers, [--] engagements

"Increased market liquidity has pushed 3M & 6M bill yields below the ON market rate. However auction demand remains strong with a high bid-to-offer ratio. @CBSL @CSE_Media"
X Link 2025-03-13T02:57Z [---] followers, [--] engagements

"@gihan_dd @CBSL @CSE_Media If CBSL opts for a 25bps cut secondary market rates may not rise exactly by 25bps but some upward movement is possible. A smaller-than-expected cut could lead to a reassessment of the rate outlook prompting yields to adjust accordingly"
X Link 2025-03-25T01:50Z [---] followers, [--] engagements

"CBSL Holds Rates Steady 🚨 Despite market expectations for a cut CBSL kept policy rates unchanged. Leading up to the announcement bond yields jumped nearly 30bps last two days . Itll be interesting to see how secondary market rates react today. @CBSL @CSE_Media #LKR #SRILGB"
X Link 2025-03-26T02:08Z [---] followers, [---] engagements

"The proposed reciprocal tariff rates for exports from Sri Lanka India Vietnam and Bangladesh to the USannounced today April [--] 2025appear to be as follows Sri Lanka: 44% India: 26% Vietnam: 46% Bangladesh: 37% @CSE_Media @CBSL #Lk https://www.newsweek.com/trump-reciprocal-tariff-chart-2054514 https://www.newsweek.com/trump-reciprocal-tariff-chart-2054514"
X Link 2025-04-03T01:19Z [---] followers, [---] engagements

"CBSL held weighted average T-Bill rates steady by accepting just 4.7% of the offered amount at the auction. Meanwhile bond yields have risen sharplyby around [---] to [---] basis pointssince the last policy announcement where rates were left unchanged. @CBSL @CSE_Media #LKA #LKR"
X Link 2025-04-09T09:55Z [---] followers, [--] engagements

"Despite reported excess liquidity of LKR [---] Bn in money markets it appears concentrated among a few banks mainly state-owned. Rising swap points suggest other banks are relying on USD S/B swaps to cover their LKR funding gaps. @CBSL @CSE_Media #LK #LKR"
X Link 2025-09-25T16:04Z [---] followers, [--] engagements

"Liquidity squeeze hits private banks as deposits drain into govt tax accounts at state banks. Slow govt spending & weak state bank credit growth keep liquidity locked driving up deposit rates & long bond yields with lower T-bill rates. @CBSL @CSE_Media #LKR"
X Link 2025-10-02T15:31Z [---] followers, [--] engagements

"@rowmewan1 @CBSL @CSE_Media My point is: if foreign banks have risk limits to the government should they have gone for bonds maturing in early [----] since the Feb May and June [----] maturities are all offered above 8% in secondary market unless their limit specifically restricts them to 3-month tenorsπŸ€”"
X Link 2025-10-04T15:16Z [---] followers, [--] engagements

"Todays FD advertisements in the Sunday Times show private banks still struggling to grow deposits despite Rs.170Bn+ excess liquidity in the market. Liquidity remains concentrated with state and foreign banks. Unless the government accelerates capital spending next 1/2"
X Link 2025-10-05T06:16Z [---] followers, [---] engagements

"2/2 quarter pressure on interest rates and on banks NIMs in Q4 will rise as Rs.300Bn is also expected to flow into government accounts over the next [--] months from vehicle taxes. @CBSL @CSE_Media #LKR #LK"
X Link 2025-10-05T06:16Z [---] followers, [--] engagements

"Despite limited supply of [--] year bonds in the primary market yields in this segment have risen [----] bps over the past three months while T-bills and long-end yields remain steady. Likely reflects banks trimming T-bond holdings to support credit growth. @CBSL @CSE_Media #LK"
X Link 2025-10-06T04:19Z [---] followers, [---] engagements

"In Aug Pvt credit in Sri Lanka rose by LKR [-----] bn (+20.5% YoY). Lower growth in net credit to govt and reduced SOE credit kept M2b growth at 10.7%. Assuming stable velocity and 5% real GDP growth this points to mid-single-digit inflation in [---] months @CBSL @CSE_Media #LK"
X Link 2025-10-12T09:54Z [---] followers, [---] engagements

"@Desh1987 @CBSL @CSE_Media CBSL has room to cut rates. I believe they may act if they see weaker exports and slowing growth especially if the Fed moves aggressively with rate cuts"
X Link 2025-10-12T10:47Z [---] followers, [--] engagements

"@PublicFinanceLK As per the [----] budget total domestic borrowing is LKR 2125Bn. Gov has added new debt nearly LKR 346Bn by issuing TBills/Bonds up to-end April. Can we expect nearly LKR [----] Bn of new domestic borrowings for next [--] months"
X Link 2024-05-06T10:34Z [---] followers, [--] engagements

"By end-Aug CBSL had USD 938m in buy-sell swaps maturing over the next [--] months. This exposes a looming rollover risk forcing CBSL to return to the market with fresh USD B/S swaps in a desperate bid to defend year-end reserves. @CBSL @CSE_Media #LKR #LK"
X Link 2025-10-04T03:39Z [---] followers, [---] engagements

"@rowmewan1 @CSE_Media Private Credit Gap = (Credit / GDP) Long-term trend Yes the credit gap has returned to [----] levels. But part of this reflects a rebound after the [----] default and credit contraction. Historically credit-to-GDP trended around 3035%. So the current gap signals recovery phase"
X Link 2025-10-14T10:34Z [---] followers, [--] engagements

"Banks maturity gap analysis shows a negative position in the up-to-one-year bucket at 1H [----] which could pressure margins if market rates rise. Interest Rate Gap measures the difference between a banks rate-sensitive assets and rate-sensitive liabilities over a given 1/2"
X Link 2025-10-26T05:15Z [---] followers, [---] engagements

"2/2. .time period. Interest Rate Gap = RSA RSL Positive gap: RSA RSL bank benefits if rates rise (more income than cost). Negative gap: RSA RSL bank loses if rates rise (more cost than income). @CSE_Media @CBSL #LK #LKR"
X Link 2025-10-26T05:15Z [---] followers, [--] engagements

"As foreign holdings account for only 0.69% of LKR Treasury bills and bonds the impact of global market uncertainty on local yields and the exchange rate is relatively contained in Sri Lanka. @CSE_Media @CBSL #LK #LKR Our new analysis in the Global Financial Stability Report reveals that in emerging economies greater domestic ownership of local currency debt reduces the impact from global shocks and bond yields rise less than they would otherwise amid turbulence: https://t.co/glm1q8GR4n https://t.co/iRpxRqsGSk Our new analysis in the Global Financial Stability Report reveals that in emerging"
X Link 2025-10-31T01:44Z [---] followers, [---] engagements

"The government plans to raise USD [---] million through SLDB issuances in [----]. This could help keep USD fixed-deposit rates offered by banks steady even if the Federal Reserve lowers rates. #LK #LKR @CBSL @CSE_Media"
X Link 2025-11-22T05:51Z [---] followers, [--] engagements

"The Gov has announced the first USD Development Bond auction since the default offering USD 50m with an option to raise it to USD 150m. This signals difficulty meeting year-end NIR targets solely through market purchases without pressuring the exchange rate. @CSE_Media @CBSL"
X Link 2025-11-24T04:59Z [---] followers, [---] engagements

"@theGayan Under the Basel III Capital Requirements Regulation an offshore-registered bank using the Standardised Approach for credit risk must apply a 150% risk weight to a sovereign exposure rated CCC. I dont think they will be interested in that"
X Link 2025-11-24T10:59Z [---] followers, [--] engagements

"CBSL Governor says Nov-end reserves should be in the USD 6bn range. Govt also expects USD 340m from the IMF USD 370m from the ADB and some WB inflows in December which may lift year-end reserves. But these inflows are all borrowings not organic FX. @CBSL @CSE_Media #LK #LKR"
X Link 2025-11-27T02:21Z [---] followers, [--] engagements

"As expected signs of a correction in T-bill rates emerged at yesterdays auction. Cut-off rates for the 3M 6M and 12M maturities rose by [--] [--] and [--] bps respectively while only 55% of the offered amount was accepted. @CBSL @CSE_Media #LK #LKR #SRILGB"
X Link 2025-12-24T06:36Z [---] followers, [--] engagements

"@Channa_Amare I wonder why they dont buy their own shares using the unutilized cash rather than using it for subpar investments. Then shareholders would have a choice"
X Link 2025-12-28T04:24Z [---] followers, [--] engagements

"Despite over LKR 120bn in excess liquidity T-bill yields rose sharply while the government managed to raise only 47% of the offered amount. This highlights a structural imbalance in overnight liquidity largely concentrated in state-owned banks. @CSE_Media @CBSL #LK #LKR"
X Link 2026-01-03T06:53Z [---] followers, [--] engagements

"A good initiative provided CBSL refrains from moral suasion on FX traders when the LKR is under depreciation pressure. If past practices continue this spot index will not reflect the true market as dealers will shift to the forward market to avoid scrutiny. @CBSL #LKR #LK"
X Link 2026-01-08T15:56Z [---] followers, [---] engagements

"Private-sector credit is up 26% YoY is this alarming Total credit growth (Pvt + Pub + Gov) is 11.5% YoY with Pvt credit-to-GDP around 33%. Despite reserve money rising 16.8% M2b grew 11.3% reflecting that banks remain cautious and transmission is weak. @CBSL #LK #LKR"
X Link 2026-01-12T04:18Z [---] followers, [---] engagements

"This is in the U.S. In Sri Lanka bank credit to small businesses was curtailed after a law restricted parate execution for loans below Rs. [--] mn. Banks manage depositors money and must be allowed to manage risk. @CBSL @CSE_Media @Chathurangaab #LKR #LK https://www.bbc.com/news/articles/crmlkxjm88ko https://www.bbc.com/news/articles/crmlkxjm88ko"
X Link 2026-01-15T04:22Z [---] followers, [---] engagements

"@Channa_Amare @CBSL If you check these finance companies loan-to-deposit ratios and their loan growth versus deposit growth over the last nine months you will understand that they need to launch aggressive deposit mobilization to sustain loan growth"
X Link 2026-01-22T06:12Z [---] followers, [--] engagements

"@danukalive LFIN trades at a forward P/E of 7.4x with a Tier [--] capital ratio of 19.3% which provides ample headroom for growth without the need for capital raising. If a P/E multiple of 12x is applied to LFIN the implied share price would be [---]. πŸ˜‰#LFIN"
X Link 2026-01-22T09:43Z [---] followers, [--] engagements

"Overnight money market liquidity has risen to a record LKR 266B. However banks and NBFIs still face challenges in growing deposit bases if they price deposits in line with T-bill rates. This is largely because liquidity is concentrated in a few banks. #LK #LKR @CSE_Media @CBSL"
X Link 2026-02-05T05:35Z [---] followers, [---] engagements

"Look at the sheer scale of the Magnificent [--] companies. Alphabet (Googles parent) plans to invest USD 175185bn in AIabout [---] Sri Lankas GDP. @CSE_Media"
X Link 2026-02-05T07:50Z [---] followers, [---] engagements

"TBill yields up at the auction for the second consecutive week mainly due to tight LKR liquidity in the money market. 3M 19.99% up by 91bp 6M 17.77% up by 82bp 12M 14.34% up by 30bp As of 18th ON Market deficit has gone up to - LKR [---] Bn from-179Bn (11th)"
X Link 2023-07-19T10:27Z [---] followers, [--] engagements

"@CSE_Media @CBSL The total maturity of the Bond & Coupon payment on Dec [--] amounting to LKR [-----] Bn. Despite this the bond auction offers a face value of only LKR [---] Bn potentially raising approximately LKR [---] Bn at current market yields. #LKR #SRILGB #LKA"
X Link 2023-12-08T07:38Z [---] followers, [--] engagements

"@rowmewan1 @CSE_Media @CBSL We saw this after the 28th policy announcement. It is interesting to see how market will react for this week auctionthe largest amount offered for this year LKR 235Bn "
X Link 2024-06-03T03:11Z [---] followers, [--] engagements

"This weeks T-bill auction saw only 56% acceptance in Phase I. Despite LKR 123Bn liquidity in the market there was zero demand in Phase II. Overnight money traded at 7.90% while the government continues to hold 3M T-bill yields near 7.52%. @CBSL @CSE_Media #LK #LKR"
X Link 2025-10-24T06:02Z [---] followers, [---] engagements

"The Gov has given CBSL a 5% headline inflation target. In March [----] CBSL expected to hit 5% by end-25; by Jan [----] this shifted to mid-26. This shows why the target should be core inflation not headline inflation which is distorted by administrative price hikes. @CBSL #LK"
X Link 2026-01-28T04:00Z [---] followers, [---] engagements

"The PDMis holding its second bond auction of the year today aiming to raise LKR 205B. At the first auction the 10Y bond cutoff was 11.75% [--] bps above the WAY of 11.08% an unusually high acceptance for a 10Y tenor. Hopefully this will not be repeated. @CBSL @CSE_Media #LKR"
X Link 2026-01-29T02:52Z [---] followers, [--] engagements

"@Channa_Amare @DjangoDavidson One should understand that a markets PE ratio can be a function of a countrys interest rates sustainable growth prospects and country risk. Higher interest rates lower growth or higher country risk typically result in lower PE ratios"
X Link 2026-01-30T01:57Z [---] followers, [--] engagements

"@sonaljay8 @Channa_Amare One reason Sri Lanka has struggled to attract high-spending tourists is the lack of top-end global hotel chains that actively do destination marketing. Most five-star hotel rooms are owned by local companieslargely a legacy of the long civil war"
X Link 2026-02-01T06:34Z [---] followers, [--] engagements

"@theGayan @CBSL @CSE_Media If CBSL does not phase out these caps before tightening liquidity weaker FIs will come under additional stress. YTD loan and deposit growth shows that these institutions increasingly rely on bank financing instead of deposits"
X Link 2026-02-01T12:01Z [---] followers, [--] engagements

"Offshore investors can invest up to USD 3Bn (5%) in Sri Lankan bonds and T-bills but holdings are still just 0.8% (USD 473mn). With Fed easing and a possible sovereign upgrade inflows could risecreating real FX-risk challenges for traders and CBSL.#LK https://economynext.com/foreign-holding-in-sri-lanka-rupee-bonds-reaches-27-month-high-after-heavy-buying-259524/ https://economynext.com/foreign-holding-in-sri-lanka-rupee-bonds-reaches-27-month-high-after-heavy-buying-259524/"
X Link 2026-02-02T04:47Z [---] followers, [---] engagements

"The last policy rate cut was in May [----]. Banks and NBFIs seem to believe we are at the bottom of the rate cycle. The recent enthusiasm for issuing debentures likely reflects this. Locking in long-term borrowing at current levels could improve future NII margins. #LK #LKR @CBSL"
X Link 2026-02-03T08:42Z [---] followers, [---] engagements

"Renewed interest among local bond traders in long-tenor bonds follows a [----] bps drop in long-term yields over the past two weeks alongside offshore buying and record overnight liquidity. Yesterdays bond auction was a success with a bid-to-offer ratio of [----]. @CBSL #LK #LKR"
X Link 2026-02-13T04:02Z [---] followers, [---] engagements

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