Sentiment remains mixed while volumes stay thin

By First Capital Research

The secondary market yesterday endured yet another day of thin volumes and limited activity while investor sentiment remained largely mixed. 

At the short end of the curve 15.03.2028 and 01.05.2028 traded between 9.05% to 9.10%. In terms of 2029 maturities, 15.06.2029, 15.09.2029 and 15.12.2029 were seen changing hands between 9.48% to 9.60%. 

Moving ahead, 01.07.2032 traded at 10.65% while 01.10.2032 traded marginally lower at 10.40%. Finally, at the long end of the curve, 15.09.2034 traded at a rate of 10.80%. 

On the external front, the LKR depreciated marginally against the USD, closing at Rs. 302.60/USD compared to Rs. 302.59/USD recorded he previous day. 

Overnight liquidity in the banking system expanded to Rs. 198.8bn from Rs. 170.9bn recorded the previous day.