By First Capital Research
Yesterday, the secondary market remained subdued amidst thin trading volumes, however, the yield curve slightly edged up.
Among the maturities that traded, both 01.08.2030 and 15.10.2030 traded between 11.42% - 11.43%. Moving ahead, 01.02.2031 and 15.01.2033 changed hands at 11.50% and 11.95% respectively. Finally, 15.09.2034 and 15.10.2034 maturities traded within the range of 12.20% - 12.27%.
On the external front, the LKR marginally depreciated against the USD, standing at LKR 331.12/USD, compared to LKR 331.05/USD seen earlier. Market liquidity in the banking system contracted to LKR 398.07bn compared to LKR 414.63bn recorded previously.
