With the budget speech for 2027 in the limelight yesterday, investors exercised cautious optimism and embraced a modest buying stance. The yield curve adjusted down marginally across the board in response, while investor participation and trading volumes appeared moderate.
Within the 2030 segment, 01.03.2030, 15.05.2030, 01.08.2030 and 15.10.2030 traded from 11.10% to 10.90%. Moving ahead, 01.02.2031 and 01.12.2031 changed hands from 11.10% to 11.00% while 01.10.2032 and 01.12.2032 were seen trading within the 11.50%-11.40% range.
At the belly of the curve, 15.01.2033, 01.06.2033 and 01.11.2033 traded from 11.75% to 11.53%. Finally, 15.06.2034 and 15.10.2034 traded within 11.95% to 11.83% while 15.08.2036 changed hands at 12.10%.
On the external front, the LKR depreciated marginally against the USD, standing at LKR 332.36/USD, compared to LKR 332.35/USD seen previously. Market liquidity in the banking system expanded to LKR 463.00bn compared to LKR 445.07bn seen previously.
