Selling interest surfaces amid soft market activity
SriLanka, Nov. 15 -- The secondary market exhibited a degree of selling interest yesterday; however, overall activity remained subdued relative to previous sessions, resulting in an unchanged yield curve.
At the short end, the 15.03.2028 maturity traded at 9.00%, while the 15.10.2028 was quoted at 9.07. In the 2029 segment, both the 15.09.2029 and 15.10.2029 issues traded within the 9.45-9.48 range. Further along the curve, the 01.07.2032 and 15.12.2032 maturities traded between 10.20% and 10.30%. The 15.06.2035 issue concluded trading at 10.70%.
On the external front, the LKR depreciated against the USD, closing at LKR 305.22/USD compared to LKR 304.52/USD seen previously. Overnight liquidity in the banking system contracted to LKR 136...
To read the full article or to get the complete feed from this publication, please
Contact Us.