Muted market activity amid a slight uptick in yields

Muted market activity amid a slight uptick in yields

Yesterday, the secondary market remained subdued amid thin trading volumes. 

However, the yield curve edged up slightly, driven by moderate foreign selling pressure in the longer tenures, particularly the 15.09.2034 maturity. 

Among the maturities traded, the 15.09.2029 bond traded at 11.10 percent, while the 15.10.2030 bond traded at 11.50 percent. 

Within the 2031 maturities, the 01.02.2031 bond traded at 11.60 percent, while the 01.12.2031 bond traded at 11.75 percent. 

Further along the curve, the 01.11.2033 bond traded in the range of 12.00 percent-12.05 percent, while the 15.09.2034 bond traded between 12.28 percent and 12.30 percent, amid slight foreign selling pressure. 

On the external front, the Sri Lankan rupee marginally depreciated against the US dollar, standing at Rs.331.23/US dollar, compared to Rs.331.12/US dollar seen earlier. 

You Must be Registered Or Logged in To Comment Log In?

NEWS VERIFICATION SCORE

Verified

Official data confirmed. Layers evaluated against editorial guidelines.

Verification States
  • Verified
  • Corroborated
  • Single source
  • Editor review
Verification Layers
  • L1 — Source Check Pass

    L1 verification focuses on tracing the origin of the claim, examining primary source material, and assessing the initial credibility of the reporter.
    Source: Daily Mirror

  • L2 — Corroboration Pass

    L2 verification cross-references and validates the facts with independent external accounts, statements, or reliable secondary publications.

  • L3 — Editorial Assessment Pass

    L3 involves a comprehensive analysis by senior editorial staff, evaluating context, tone, and verifying ethical standards are met.

  • L4 — Official Data Match Pass

    L4 verification matches and validates the facts directly against official state registries, legal records, or authoritative public databases.

Follow US