Flat opening to week as trading volumes dwindle

By First Capital Research

The secondary market opened the week on a quiet note, with the yield curve showing minimal movement and trading volumes remaining extremely light. 

Trading was confined to the 2028 and 2029 maturities, with the 15.10.2028 bond changing hands at a rate of 9.00 percent. Meanwhile, both the 15.09.2029 and 15.10.2029 bonds saw modest buying interest, trading at a yield of 9.46 percent.

Additionally, for the week ending July 18, 2025, the AWPR increased by 13bps to 8.01 percent, from 7.88 percent seen in the previous week. 

In the forex market, the LKR depreciated against the greenback, closing at LKR 301.6/USD, compared to the previously seen rate of LKR 301.5/USD. Meanwhile, overnight liquidity in the banking system expanded to LKR 103.93Bn from the previously seen level of LKR 87.01Bn.