Secondary Bond market activity remains subdued

THE weighted average yield rates were seen increasing across the board for the second consecutive week at its weekly auction held yesterday. Accordingly, the weighted average rate on the 91-day tenor increased by 02 basis points to 7.62%, the 182-day tenor by 07 basis points to 7.91% and the 364-day tenor by 05 basis point to 8.04%.

- BY WEALTH TRUST SECURITIES

However, auction was fully subscribed at the first phase in competitive bidding, raising the entire Rs. 85.00 billion offered. Total bids received exceeded the offered amount by 1.83 times.

The Phase II subscription for the 91-day and 364-day tenors is now open until 3 p.m. of business day prior to settlement date (i.e., 17.07.2025) at the WAYRs determined for the said ISINs at the auction.