Dull sentiment surfaces following T-Bill auction

By First Capital Research 

The secondary market yield curve experienced limited trading volumes amidst mixed activity as investors demonstrated a dull sentiment throughout yesterday. 

Limited trades occurred in 2028, 2029, 2030, and 2031 bond maturities. Amongst the traded maturities, 15.03.28, 01.05.28, and 15.10.28 traded at the rates of 10.15%, 10.27%, and 10.40%, respectively. 

Whilst 15.09.29, 15.05.30, 15.10.30, and 01.12.31 traded at the rates of 10.80%, 11.10%, 11.35%, and 11.44%, respectively. 

On the external front, the LKR depreciated against the USD, closing at Rs. 298.7/USD compared to Rs. 297.5/USD recorded the previous day. 

CBSL holdings of government securities remained unchanged, closing at Rs. 2,511.92bn yesterday. Overnight liquidity in the banking system expanded to Rs. 156.13bn from Rs. 148.47bn recorded the previous day.