Secondary market remains muted as yields hold steady

By First Capital Research

The secondary market remained subdued during the day, reflecting thin trading volumes, with the yield curve largely unchanged. 

Among the traded securities, the 15.12.2028, 15.12.2029 and 01.03.2030 maturities were traded at 9.30 percent, 9.60 percent and 9.65 percent, respectively. 

Further along the curve, the 15.03.2031 maturity traded at 9.85 percent, while the 15.09.2034 maturity was seen changing hands at 10.76 percent. 

Finally, the 15.06.2035 maturity traded at 10.80 percent. On the external front, the Sri Lankan rupee depreciated against the US dollar, closing at Rs.311.07/US dollar, compared to Rs.310.95/US dollar recorded the previous day. 

Liquidity in the banking system contracted to Rs.406.8 billion, from Rs.409.4 billion recorded previously.