Sri Lanka, Oct. 17 -- The secondary market witnessed a notably subdued trading session yesterday, characterized by exceptionally low activity levels and limited investor participation.

Market sentiment remained largely muted, with overall trading volumes staying thin, leaving the yield curve unchanged.

Activity was primarily confined to a handful of transactions, with maturities in the 2027 segment changing hands within a yield range of 8.73% to 8.83%. Further along the curve, the 01.07.2030 maturity was seen trading at 9.80%.

On the external front, the LKR depreciated against the USD, closing at Rs. 302.97/USD compared to Rs. 302.73/USD seen previously. Overnight liquidity in the banking system contracted further to Rs. 140.38 bn fr...