Yield curve remains unchanged as volumes remain moderate

By First Capital Research

The secondary market witnessed mixed activities during  yesterday with the yield curve broadly remaining unchanged. Thus, several trades were observed on the 2027, 2028, 2029, 2030, 2031 and 2033 tenures, with 2027 maturities trading between 9.20%-9.44%, whilst 2028 maturities traded between 10.00%-10.40%. 

Moreover, few trades were also enticed on the 2029 maturity, which recorded trades between 10.65%-10.75% whilst 2030 maturity saw trades between 10.90%-11.00%. 

Meanwhile, 2031 and 2033 maturities saw trades between 11.32%-11.37% and 11.44%-11.48%, respectively. Overall volumes in the secondary market remained moderate during the day. 

On other news, CBSL announced Rs. 165.5bn to be raised from the weekly T-bill auction scheduled for 11th March 2025, with Rs. 30.5bn expected to be raised from the 91-day maturity whilst Rs. 55.0bn and Rs. 80.0bn expected to be raised from the 182-day and 364-day maturities.