Sunday August 25, 2019

Sri Lanka rupee ends firmer, bond yields ease

Jul 01, 2019 17:12 PM GMT+0530 | 0 Comment(s)

ECONOMYNEXT - Sri Lanka's rupee closed strong at 176.25/35 against the US dollar in the spot market on Monday while bond yields eased, dealers said.

The rupee closed at 176.40/45 against the greenback on Friday.

Liquidity in the overnight money market was 38.23 billion rupees, up from 34.73 rupees on Friday.

The central bank mopped up 16.20 billion rupees in an overnight repo auction, at 7.73 percent.

In the secondary market, bond yields end marginally down in a dull market, dealers said.

A bond maturing on 15.10.2021 closed at 9.20/25 percent, down from 9.23/28 percent at Friday's close.

A bond maturing on 15.03.2023 closed at 9.70/75 percent, steady from 9.70/78 percent,

A bond maturing on 15.6.2024 bond closed at 9.85/88 percent, easing from 9.87/90 percent.

A bond maturing on 01.08.2026 closed at 10.05/15 percent, falling from 10.10/15 percent.

A bond maturing on 15.01.2027 was closed at 10.15/22 percent, steady from 10.15/19 percent.

A 10-year bond maturing on 01.05.2029 was closed at 10.32/38 percent, up from 10.30/35 percent.



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