Quiet start to week as yields remain steady

By First Capital Research
The secondary market began the week on a quiet note, with low volumes and subdued activity. 
The secondary market yield curve remained broadly unchanged.
Among the traded maturities, the 01.03.2030 tenure traded in the range of 10.05 percent to 10.10 percent, while the 01.07.2030 maturity changed hands between 10.20 percent to 10.25 percent. 
Meanwhile, the 01.06.2033 and 15.06.2035 maturities traded at the rates of 11.05 percent and 11.27 percent, respectively.
On the external front, the Sri Lankan rupee depreciated against the US dollar, standing at Rs.319.93/US dollar, compared to Rs.319.35/US dollar seen yesterday. 
Overnight liquidity in the banking system expanded to Rs.226.55 billion, from Rs.218.70 billion recorded previously.