Treasury bond yields edge up on profit-taking in secondary market

Yields on Sri Lankan government bonds in the secondary market rose slightly on the previous day as some investors took profits. Overall trading remained moderate, with volumes at moderate levels, according to First Capital Research.

Yields on bonds maturing in 2030 ranged from 11.00 to 11.10 percent, while 2032 maturities traded between 11.50 and 11.60 percent. The 2033 and 2034 maturities ranged from 11.60 to 11.75 percent and 11.90 to 11.95 percent respectively. Longer-dated 2036 and 2037 bonds traded at 12.12 and 12.15 percent.

On the currency front, the rupee weakened against the US dollar to Rs.332.50, from Rs.332.36. The Central Bank of Sri Lanka has not yet released data on banking system liquidity for the day.