Mixed sentiment leads to thin volumes and low activity

By First Capital Research
Market participants continued to show mixed sentiment, resulting in low volumes and limited activity. 
There was a slight selling interest in the 2028 maturities. Meanwhile, the buying interest was also observed during the day.
Amongst the traded maturities at the short end 15.09.2027 traded at 9.46 percent whilst towards the belly end curve, 15.10.2028 and 15.12.2028 traded at the range of 10.35 percent to 10.41 percent. 
Furthermore, the 15.09.2029, 15.10.2030 and 15.03.2031 bond maturities traded at the rates of 10.73 percent, 11.00 percent and 11.31 percent, respectively. 
On the external front the Sri Lankan rupee depreciated against the greenback and stood at Rs.295.6/US dollar compared to Rs.295.2/US dollar recorded on yesterday.  Similarly, the Sri Lankan rupee also depreciated against the other major currencies such the GBP, EUR, JPY and CNY. 
The Central Bank holdings of government securities remained unchanged, closing at Rs.2,511.92 billion yesterday. Overnight liquidity in the banking system expanded to Rs.166.8 billion, from Rs.161.0 billion recorded the previous day.