In addition to profit taking towards the close of 2020, market players also responded negatively to external sentiment from the United States (US). Senate Republicans blocked Democrats’ efforts to increase stimulus payments for direct cash assistance in newly enforced Covid-19 assistance from USD 600 to USD 2,000. The majority of government bonds (SUN) prices closed lower amid pressure on the domestic stock market. The yield on the benchmark 5-year SUN FR0081 increased by 3.7 bps to 5.16%.

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