Secondary Bond market activity muted; yields steady

THE secondary Bond market continued to remain subdued for a second consecutive day, with activity and transaction volumes persisting at muted levels.

- BY WEALTH TRUST SECURITIES

Trading was limited to sparse deals concentrated on a few selected maturities, while overall volumes stayed thin. The market was seen at a virtual standstill for much of the day. Yields held broadly steady once again, as market participants largely stayed on the sidelines, maintaining a cautious wait-and-see approach in the absence of strong directional cues.

The 15.05.26 maturity was seen trading at the rates of 8.10%-8.05%. The 15.10.29 and 15.12.29 maturities were seen trading at the rates of 9.41%-9.45% collectively.

Meanwhile, in secondary market Bills February and March 2026 maturities were seen trading at the rates of 7.90% and 8.05%-8.01% respectively.