Moderate activity and volumes see overall yield curve broadly stable

By First Capital Research

The secondary market witnessed mixed trading activity with moderate volumes keeping the overall yield curve broadly unchanged. 

Amongst the traded maturities, 01.05.2028, 15.09.2028, 01.03.2030, 01.11.2033, 15.06.2034 and 15.06.2035 were traded at yields of 9.65 percent, 9.95 percent, 10.00 percent, 11.03 percent, 11.10 percent and 11.00 percent, respectively. 

On the external front, the Sri Lankan rupee depreciated against the US dollar, closing at Rs.314.88/US dollar, compared to Rs.314.39/US dollar recorded previously. 

Liquidity in the banking system expanded to Rs.313.86 billion, from Rs.288.31 billion recorded previously.