Market closes for week on dull note

The secondary market yield curve remained broadly unchanged yesterday, as the investors took a breather following an action-packed week of auctions. 
Accordingly, activities took a subdued sentiment, leading to thin volumes yesterday. However, in the midst of limited activities, the 2028 tenures enticed trades at 12.05 percent.
On the external side, the Sri Lankan rupee continued to appreciate against the greenback, as it closed at Rs.312.9 for the week. 
Moreover, excess liquidity in the monetary system was recorded at Rs.83.8 billion, while the Central Bank of Sri Lanka (CBSL) holdings remained stagnant at Rs.2,735.6 billion for February 16, 2024. 
Meanwhile, the CBSL expects to raise Rs.120.0 billion from the weekly Treasury bill auction scheduled for February 21, 2024.