Mixed activities persist as volume traded remains thin

By First Capital Research 

The secondary market saw mixed interest yesterday, with 2028, 2029 and 2030 tenures observing slight buying interest whilst 2031 and 2032 tenures saw slight selling interest during the day. 

Therefore, several 2028 maturities including 15.02.2028, 01.05.2028, 01.07.2028, 15.10.2028, 15.12.2028 saw trades between 10.00% to 10.40%, whilst 2029 tenure including 15.06.2029 and 15.09.2029 saw trades at 10.62% and 10.73%, respectively. 

Moreover, several trades were observed on the 2030 tenure with 15.05.2030 and 15.10.2030 trading at 10.95% and 11.00%, respectively whilst 15.03.2031 and 01.12.2031 saw trades at 11.35% and 11.37%, respectively. The 01.07.2032 maturity also saw few trades taking place at 11.45% during the day. 

Meanwhile, average weighted prime rate (AWPR) continues to edge down during the week and was recorded at 8.36%, declining by 03bps compared to the previous week. 

Further, CBSL holdings of government securities continue to remain unchanged at Rs. 2.5 trillion whilst overnight liquidity declined slightly to Rs. 149.0 billion from Rs. 157.0 billion recorded on Monday.