Daily Mirror - Print Edition

Secondary market continues dull stance

02 Mar 2024 - {{hitsCtrl.values.hits}}      

By First Capital Research
The secondary market yield curve remained broadly unchanged during the day continuing the sluggish movement from the previous session. 
The investors further continued to adapt into a cautious stance, displaying very limited activity followed by low volumes.
However, short and mid-end maturities enticed trades during the day, as 15.09.27 tenure traded at 11.95 percent, 15.03.28 tenure traded at 12.20 percent and 01.07.28 maturity traded at 12.22 percent. 


On the external side, the Sri Lankan rupee slightly appreciated against the green back, recording at Rs.309.9. 
Moreover, overnight liquidity turned positive after four consecutive sessions whilst the Central Bank holdings of government securities remained stagnant at Rs.2715.6 billion.