Bonds wrap the day on a flat note

By First Capital Research

The secondary market yield curve remained broadly unchanged as the overall market witnessed dull sentiment while recording thin volumes. 

Limited trades were observed particularly on short to mid tenors such as 15.09.27 and 01.05.28 which traded at 10.40% and 10.75%, respectively. 

Meanwhile on the long end, 01.10.32 changed hands at 11.85%. On the external front, the LKR depreciated against the USD, closing at Rs. 301.5/USD. 

After a persistent downward trajectory, AWPLR slightly decreased by 3bps to 9.7% during the week ending 22nd May-24.

Meanwhile, overnight liquidity registered at Rs. 200.7bn whilst CBSL holdings remained stagnant at Rs. 2,635.6bn.