Secondary market at a standstill

By First Capital Research 

The secondary market experienced limited volumes, amidst the lack of market activity, and the secondary market yield curve remained broadly unchanged yesterday.

Market trades were limited, and amongst the traded maturities, 15.10.27 traded at 9.80%, at the short end. 

At the belly end of the curve, 01.05.28,15.10.28,15.06.29, 15.09.29, 15.05.30, 15.03.31, and 01.07.32 were traded at 10.28%,10.40%, 10.85%, 10.82%, 11.15%, 11.43%, and 11.45% respectively. 

On the external front, the LKR appreciated slightly against the USD, closing at Rs. 298.93/USD compared to Rs. 299.14/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 contracted to Rs. 159.89bn from Rs. 146.95bn recorded the previous day.