Secondary market sees mixed sentiment, with mid-tenure trades in focus

By First Capital Research
The week began with mixed sentiment in the secondary market and trading activity concentrating towards the mid-term maturities. 
While the yields stayed stable across the yield curve, low trading volumes were observed during the session.
Among the traded maturities, 15.03.2028, 01.05.2028, 01.07.2028 and 15.10.2028 changed hands at 9.10 percent, 9.15 percent, 9.18 percent and 9.22 percent, respectively. 
Moving along the curve, the 15.06.2029 maturity traded at 9.60 percent and 01.07.2030 was dealt at 9.81 percent. Moreover, 15.11.2033 traded higher at 10.50 percent. 
On the external front, the Sri Lankan rupee depreciated against the US dollar, closing at Rs.309.75/US dollar, compared to Rs.309.54/US dollar recorded the previous day. Overnight liquidity in the banking system slightly expanded to Rs.135.8 billion, from Rs.134.5 billion recorded previously.