Business
Moderate volumes and mixed sentiment shape the week’s trading
The secondary market exhibited mixed sentiment and moderate trading activity throughout the week, with the yield curve remaining broadly unchanged, First Capital Research said.
“The weighted average yields at the CBSL’s weekly T-Bill auction stayed largely unchanged, with the exception of the 3M T-Bill, which saw a decrease of 1bps compared to the previous week,” First Capital said.
The following are key comments from their report.
“The week commenced with subdued volumes and mixed activity in the secondary market, with the yield curve remaining largely unchanged. By mid-week, a few trades were observed in the belly of the curve, resulting in moderate trading volumes. As the week drew to a close, following the completion of the weekly T-Bill auction and in anticipation of the T-Bond auction scheduled for 12th Mar-25, market participants adopted a more bullish stance, although volumes remained moderate.”
