Market activity tapers ahead of holiday season

By First Capital Research

The secondary market saw a lacklustre session, as investor activity continued to taper off ahead of the upcoming long weekend and festive period. 

The yield curve remained broadly anchored, with limited movement observed across maturities, while volumes were distinctly light, reflecting the typical holiday-induced lull in market activity.

Noteworthy trades were scarce with 2029 and 2030 emerging as the only maturities that saw meaningful activity. Consequently, 15.06.2029 was seen trading at 9.95 percent while 01.07.2030 changed hands at 10.16 percent. 

On the external front, the Sri Lankan rupee depreciated against the US dollar, standing at Rs.315.55/US dollar, compared to Rs.315.22/US dollar seen earlier. 

Note: Kindly note that the figures relating to excess liquidity and the Central Bank holdings of government securities for April 10, 2026 were not available at the time of publication of this document.