Yield curve nudges down as buying appetite picks up

By First Capital Research 
The secondary market yield curve narrowly edged down after yesterday’s session, as buying interest extended in the market for the second consecutive day, with the investors gradually gaining confidence on the macro front. 
On the short end 2026 maturities, 15.05.2026, 01.06.2026, 01.08.2026 and 15.12.2026 hovered between 11.05 percent and 11.25 percent. Also 01.05.2027 and 15.09.2027 recorded transactions between 11.75 percent and 11.60 percent. 
On the belly of the curve, 2028 maturities – 15.03.2028, 01.05.2028, 01.07.2028 and 15.12.2028 hovered between 12.15 percent and 11.95 percent. 
Activities showcased a gentle pick up as volumes recorded at moderate levels. 
On the external side, the Sri Lankan rupee continued to appreciate against the greenback, closing at Rs.297.2. 
Meanwhile, overnight liquidity closed positively at Rs.169.3 billion whilst the Central Bank holdings remained stagnant.