Sri Lanka’s rupee ends weaker, bond yields steady
Jul 19, 2019 17:33 PM GMT+0530 | 0 Comment(s)
ECONOMYNEXT – Sri Lanka's rupee ends weaker at 175.80/85 rupees against the US dollar in the spot market on Friday while bond yields were steady, brokers and dealers said.
Sri Lanka's rupee closed at 175.74/80 rupees against greenback on Thursday.
Liquidity in the overnight money market was 31.41 billion rupees, down from 34.76 billion rupees previous day.
In the bond market, yields held the same rates in a dull market, dealers said.
Dealers said 2024 maturities were the most liquid.
A bond maturing on 15.10.2021 closed at 8.85/92 percent on Friday, steady from Thursday's 8.85/95 percent.
A bond maturing on 15.03.2023 closed at 9.48/55 percent, down from 9.50/60 percent.
A bond maturing on 05.06.2024 closed at 9.80/85 percent, steady from 9.80/86 percent.
A bond maturing on 01.08.2026 closed at 9.92/97 percent, down from 9.98/10.05 percent.
A bond maturing on 15.01.2027 closed at 9.98/10.02 percent, falling from 10.05/10.15 percent.
A 10-year bond maturing on 01.05.2029 closed at 10.05/10 percent, falling from 10.08/18 percent. (Colombo, 19 July 2019)