Bonds witness slight bullishness on the short to mid end



By First Capital Research 

The secondary market yield curve saw a slight decline on the short to mid-end, driven by renewed buying interest following a period of subdued market activity yesterday. 


On the short end, investor demand was evident on 15.12.26 bond which traded at 10.60%, while 01.05.27 bond changed hands between 11.41%-11.37%. 


The 15.09.27 and 15.12.27 bonds both saw trades at 11.45%. In the mid-end, the 15.02.28 and 15.03.28 bonds traded at 11.70%, with the 15.12.28 bond changing hands at 11.95%. 


At the long end, the 15.05.30 bond also traded at 12.20%. Overall, the market experienced thin volumes across the curve. Meanwhile, CBSL announced an issue of Rs. 175.0 billion T-bills through an auction to be held today.  
On the external side, the LKR slightly depreciated against the greenback, closing at Rs. 293.1. On the other hand, LKR broadly appreciated against most of the major currencies, notably GBP, EUR, JPY and AUD. Meanwhile, overnight liquidity recorded at Rs. 98.4 billion while CBSL Holdings remained unchanged at Rs.  2,515.6 billion.



  Comments - 0


You May Also Like