Sri Lanka rupee ends weaker, gilt yields edge up
Jul 18, 2019 17:26 PM GMT+0530 | 0 Comment(s)
ECONOMYNEXT – Sri Lanka's rupee closed lower at 175.74/80 rupees against the US dollar in the spot market on Thursday while bond yields edged up, brokers and dealers said.
Sri Lanka's rupee closed at 175.65/70 rupees against greenback on Wednesday.
In the bond market, yields gained marginally in a moderate market due to profit taking, dealers said.
Dealers said 2024 maturities were the most liquid.
A bond maturing on 15.10.2021 closed at 8.85/95 percent on Thursday, up from Wednesday's 8.80/88 percent.
A bond maturing on 15.03.2023 closed at 9.50/60 percent, gaining from 9.47/50 percent.
A bond maturing on 05.06.2024 closed at 9.80/86 percent, up from 9.75/78 percent.
A bond maturing on 01.08.2026 closed at 9.98/10.05 percent, edging up from 9.90/10.00 percent.
A bond maturing on 15.01.2027 closed at 10.05/10.15 percent, higher from 10.00/10.07 percent.
A 10-year bond maturing on 01.05.2029 closed at 10.08/18 percent, up from 10.05/15 percent.
(Colombo, 18 July 2019)