SL Treasury Bond 10Y
LKRSovereign bond · Government of Sri Lanka · PREVIEW
01 / Key TermsAS OF CSE · PREVIEW
Yield to Maturity
12.00%
Clean Price
100.00
% OF PAR
Coupon
12.00%
Spread
—
Rating
—
Maturity
15 May 2036
6.5Y DURATION
02 / Details
- Issuer
- Government of Sri Lanka
- Instrument type
- Sovereign bond
- Currency
- LKR
- Duration
- 6.5 yrs
- Amount outstanding
- LKR 510.0 bn
PREVIEW DATA · ILLUSTRATIVE TERMS · NOT INVESTMENT ADVICE
03 / Credit ViewAS OF FAS · 23 JUN 2026
OverweightTARGET YIELD 11.00%
Own duration as the easing cycle matures
The case
- 01
At 12% the 10Y yields ~375bps over the 8.25% policy rate — a steep curve that pays you to extend duration.
- 02
Disinflation and IMF-anchored fiscal consolidation give the CBSL room to keep cutting, pulling the long end toward ~11%.
- 03
A 100bps rally adds roughly seven points of price on top of a double-digit coupon.
Key risks
- — A fiscal or FX shock that re-steepens the curve.
- — Inflation re-accelerating and stalling the cutting cycle.
- — Heavy government issuance pressuring the long end.
— GENERATED BY FIRST ASIA SECURITIES · NOT INVESTMENT ADVICE