April opens with mild buying sentiment

By First Capital Research 

April commenced with modest buying sentiment in the secondary market, accompanied by moderate trading volumes. 

On the shorter end of the yield curve, the 01.02.2026 and 01.08.2026 bonds were traded within a range of 8.30% to 8.65%. Moving further along, the 01.05.2027, 15.09.2027, and 15.10.2027 maturities saw trades between 9.30% and 9.50%. 

Additionally, the 15.02.2028, 15.03.2028, and 01.05.2028 bonds transacted within the 9.93% to 10.03% range, while the 01.07.2028 and 15.12.2028 issues were traded between 10.05% and 10.15%. Lastly, the 15.06.2029 maturity saw trading between 10.25% and 10.35%.

In the forex market, the LKR showcased a marginal appreciation against the greenback, standing at Rs. 296.32/USD yesterday in comparison to 296.35/USD registered on the previous day. Meanwhile, overnight liquidity in the banking system contracted to Rs. 171.9bn from Rs. 184.6bn on the previous session.