*First Capital Research | Daily FI & UT Watch | 11 Jun 2025* *“Market in slumber, yields barely budge”* The secondary market withstood another dormant day of limited activity and thin volumes, in turn prompting the yield curve to hold steady. Among the few trades that took place during the day, 15.02.2028 and 15.03.2028 traded at 8.70% while 01.07.2028 was seen changing hands at 8.80%. Moving ahead, the 15.12.2029 maturity traded at 9.50%. Finally, 15.03.2031 maturity traded at 9.95%. Today, the Central Bank of Sri Lanka successfully completed its weekly T-Bill auction, raising the full initial offer of LKR 175.0Bn. The 3M T-Bill garnered LKR 15.0Bn, with its average weighted yield steady at 7.55%. Strong demand for the 6M tenor saw LKR 83.5Bn raised, while its yield inched down marginally by 1bps to 7.72%. Meanwhile, the 12M T-Bill raised LKR 76.5Bn, maintaining a stable yield of 7.94%.In the forex market, the LKR appreciated marginally against the greenback, closing at LKR 299.10/USD, compared to the previously seen rate of 299.14/USD. Meanwhile, overnight liquidity in the banking system expanded to LKR 184.8Bn from LKR 182.7Bn in the previous session. *-First Capital Research-*