Muted market amidst slight rise in yields

Muted market amidst slight rise in yields

By First Capital Research

Yesterday, the secondary market remained subdued amidst thin trading volumes, however, the yield curve slightly edged up. 

Among the maturities that traded, both 01.08.2030 and 15.10.2030 traded between 11.42% - 11.43%. Moving ahead, 01.02.2031 and 15.01.2033 changed hands at 11.50% and 11.95% respectively. Finally, 15.09.2034 and 15.10.2034 maturities traded within the range of 12.20% - 12.27%. 

On the external front, the LKR marginally depreciated against the USD, standing at LKR 331.12/USD, compared to LKR 331.05/USD seen earlier. Market liquidity in the banking system contracted to LKR 398.07bn compared to LKR 414.63bn recorded previously.

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