Secondary Bond market in wait-and-see mode ahead of Monetary Policy

Given below are the secondary market yields for the most frequently traded maturities, www.wealthtrust.lk

- By WEALTH TRusT SECURITIES

THE secondary Bond market yesterday mirrored the subdued sentiment observed at the start of the week, with investors continuing to maintain a cautious wait-and-see approach ahead of the sixth and Final Monetary Policy Announcement for 2025.

Trading activity was observed in a sideways pattern, with yields broadly holding steady and fluctuating within a tight range, reflecting continued consolidation at prevailing levels across most of the yield curve. However, rates were seen drifting higher on selected tenors.

The overall turnover was supported once again by the execution of several block-sized trades, which contributed to moderate total volumes for the day.

In terms of the secondary Bond market trade summary, the 15.01.27 maturity changed hands at the rate of 8.30%. The 15.02.28 and 15.03.28 maturities were seen trading at the rate 9.05% each. The 01.05.28 and 15.12.28 maturities were seen trading at the rates of 9.10% and 9.15% respectively. The 15.10.29 and 15.12.29 maturities were seen trading within the range of 9.52%-9.54% collectively. The 15.09.34 maturity was seen trading at the rate of 10.60% and the 15.06.35 maturity within the range of 10.69%-10.70%.

The Monetary Policy Review No. 06 for 2025 (the final announcement for 2025) is due to be announced today at 7.30 a.m.