Sri Lanka, Oct. 16 -- The secondary market witnessed a dreary session during the day amid ultrathin volumes.

Noteworthy transactions took place on the short to mid end of the curve; however, the yield curve remained unchanged. At the short end of the curve, the bond maturing on 01.08.2026 traded at a rate of 8.35 percent, followed by the 15.09.2029 maturity, which changed hands at 9.69 percent. Towards the mid-end, the 01.12.2031 tenure was transacted at a yield of 10.22 percent.

The Central Bank conducted its weekly T-bill auction yesterday, where a total of Rs.27.2 billion was accepted, despite total bids reaching Rs.102.4 billion.

The amount raised also fell short of the initially offered Rs.77.5 billion. A sum of Rs.4.4 billion was...