Secondary market witnessed a session of mixed sentiment

By First Capital Research

The secondary market witnessed moderate activity yesterday as the yield curve remained broadly stable amid mixed investor sentiment.

At the short end of the curve, the 15.02.2028 and 15.12.2029 maturities traded at 10.62% and 11.00% respectively. Moving ahead, 01.03.2030, 01.08.2030, and 15.10.2030 traded at 11.10%, 11.25% and 11.35% respectively. 

Moreover, both 01.06.2033 and 01.11.2033 bonds changed hands at 11.55% while 15.06.2034 was dealt at 11.75%. Finally, 15.03.2035 was traded between 11.83% and 11.85%. 

On the external front, the LKR appreciated against the USD, standing at Rs. 333.98/USD, compared to Rs.334.58/USD seen earlier. Liquidity in the banking system contracted to Rs. 31.20bn from Rs.43.19bn recorded previously.