Cautious sentiment prevails in secondary market

By First Capital Research
Yesterday, the muted sentiment from the closure of the previous week prevailed in the secondary market, exhibiting low trading volumes and activities. 
However, the yield curve was uplifted by the rise in yields across short-to-long tenure maturities. 
Over the short end, 15.10.2029 traded at 10.00 percent. Moving ahead to the mid-term, 01.07.2030 traded between 10.20 percent - 10.25 percent, while 01.06.2033 changed hands at 11.05 percent and both 15.06.2034 and 15.06.2035 maturities were dealt at 11.25 percent. 
Finally, at the long end, 15.08.2036 was quoted between 11.36 percent - 11.40 percent. 
On the external front, the Sri Lankan rupee depreciated against the US dollar, standing at Rs.325.62/US dollar, compared to Rs.324.72/US dollar seen previously. 
Overnight liquidity in the banking system expanded to Rs.183.53 billion, from Rs.156.80 billion recorded previously.