Sri Lanka, Oct. 22 -- Following a long weekend, the secondary market opened the week on a notably quiet note yesterday, characterized by ultra-thin trading volumes.
Additionally, sentiment among the market participants was subdued, with low market activity.
Accordingly, the yield curve remained largely unchanged. Among the traded maturities, at the short end of the curve, the 15.01.2027 maturity traded at a rate of 8.39%, whilst the 15.09.2027 maturity changed hands at 8.83%.
On the external front, the LKR depreciated against the USD, closing at Rs. 303.03/USD compared to Rs. 302.99/USD seen previously.
Overnight liquidity in the banking system contracted slightly to Rs. 120.1bn from Rs. 133.2bn recorded the previous day.
Furthermore,...