### Secondary Bond Market Edges Up Amid Dull Trading 📈

The secondary bond market started the week with rising rates and subdued activity, as investors adopted a "wait-and-see" approach ahead of upcoming auctions and February inflation data. • Secondary Bond Market Profit-taking selling pressure continued to push rates higher across key maturities. 15.02.28 maturity: Traded at 9.00%. 15.10.28 maturity: Traded between 9.15% - 9.19%. 15.10.29 maturity: Traded at 9.50%. 15.06.35 maturity: Traded at 10.84%. • Liquidity & Money Market Market liquidity remained high with a net surplus of Rs. 288.48 Bn. The Central Bank drained Rs. 50 Bn via overnight Repo at a 7.62% weighted average. Weighted average rates for overnight call money and Repo stood at 7.68% and 7.70%, respectively. • Forex Market The USD/LKR spot exchange rate remained largely stable, closing at Rs. 309.36/309.38 compared to the previous close of Rs. 309.35/309.40. Total traded volume (as of Feb 20) was recorded at US$ 68.30 Mn.