Secondary market witnesses yet another quiet day

By First Capital Research

Yesterday carried forward the subdued tone of the previous day, with the secondary market remaining lacklustre. 

While there was a slight tilt toward selling sentiment, overall activity and volumes remained largely stagnant. Amongst the few trades that took place yesterday, 01.09.2028 and 15.10.2028 both traded at 8.95%. 

Further ahead on the yield curve, 15.10.2029 traded at 9.45% while 15.12.2029 was seen changing hands at 9.50%. In the forex market, the LKR depreciated against the greenback, closing at LKR 300.9/USD, compared to the previously seen rate of LKR 300.6/USD. Meanwhile, overnight liquidity in the banking system contracted to LKR 93.9Bn, from the previously seen level of LKR 105.0Bn.