Sunday August 25, 2019

Sri Lanka rupee closes weaker, bond yields rise

Apr 09, 2019 16:58 PM GMT+0530 | 0 Comment(s)

ECONOMYNEXT- Sri Lanka's rupee closed weaker at 174.70/85 to the US dollar in the spot market Tuesday, while bond yields rose, dealers said. 

The rupee closed at 174.60/70 to the US dollar in the spot market on Monday.

Dealers said there was activity in the government securities market in the morning session, followed by a dull evening session.

Gilt yields had continued to rise throughout the day, dealers said.

The government bonds market was active with rates falling amidst local and foreign buying, dealers said.

Twelve month bills closed at 10.00/15 percent on Tuesday, unchanged from Monday's 10.00/15 percent.

A newly issued bond maturing on 15.03.2022 closed at 10.55/65 percent, up from 10.50/65 percent.  
A bond maturing on 15.07.2023 closed at 10.80/85 percent, rising from 10.70/85 percent.

A 5-year bond maturing on 15.03.2024 closed at 10.90/95 percent, up from 10.85/00 percent.  

New bond maturing on 15.01.2027 closed at 11.10/17 percent, up from 11.02/07 percent.   

A bond maturing on 01.05.2029 closed at 11.27/33 percent, rising from 11.20/30 percent. (Colombo/Apr10/2019)



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