FIRST ASIA SECURITIES
DATA AS OF 20 JUN 2026 · EOD

SL Treasury Bond 5Y

LKR
Sovereign bond · Government of Sri Lanka · PREVIEW
01 / Key TermsAS OF CSE · PREVIEW
Yield to Maturity
11.00%
Clean Price
100.00
% OF PAR
Coupon
11.00%
Spread
Rating
Maturity
15 May 2031
4.0Y DURATION
02 / Details
Issuer
Government of Sri Lanka
Instrument type
Sovereign bond
Currency
LKR
Duration
4.0 yrs
Amount outstanding
LKR 680.0 bn

PREVIEW DATA · ILLUSTRATIVE TERMS · NOT INVESTMENT ADVICE

03 / Credit ViewAS OF FAS · 23 JUN 2026
MarketweightTARGET YIELD 10.50%

The belly: carry without the duration risk

The case
  1. 01

    At 11% the 5Y offers most of the curve's carry with less duration risk than the 10Y.

  2. 02

    A balanced hold as the easing cycle plays out — clip the coupon, with a modest pull lower in yield.

  3. 03

    Prefer the 10Y for outright duration or the corporate sukuk for spread; the 5Y is the neutral anchor.

Key risks
  • Rate volatility around the IMF review cycle.
  • Issuance skewing supply toward the belly.
  • An inflation surprise that stalls the cuts.

— GENERATED BY FIRST ASIA SECURITIES · NOT INVESTMENT ADVICE

SL Treasury Bond 5Y · First Asia Securities