Sri Lanka rupee opens stable, bonds dull
Mar 26, 2019 10:06 AM GMT+0530 | 0 Comment(s)
ECONOMYNEXT - Sri Lanka's rupee opened stable at 178.15/25 to the US dollar Tuesday morning, unchanged from Monday's close, while the bond market was quiet, dealers said.
Dealers said the bond market was quiet with yields quoted around the same level as Monday.
Twelve-month bills were quoted at 10.35/50 percent on Tuesday, unchanged from Monday's close.
A bond maturing on 01.08.2021 was quoted at 10.65/72 percent, stable from 10.65/70 percent.
A bond maturing on 15.07.2023 was quoted at 10.90/00 percent, slightly up from 10.85/95 percent.
A 5-year bond maturing on 15.03.2024 was quoted at 11.00/05 percent on Tuesday, marginally up from 10.99/04 percent at Monday's close.
A bond maturing on 01.08.2026 was quoted at 11.05/15 percent, up from the previous close of 11.05/20 percent.
A bond maturing on 15.06.2027 was quoted at 11.25/35 percent, unchanged from the previous close.
A bond maturing on 01.09.2028 was quoted at 11.30/40 percent, lower from 11.32/40 percent.
A bond maturing on 01.05.2029 was quoted at 11.38/45 percent, lower from 11.40/45 percent.
At the Colombo Stock Exchange, the All Share Price Index was 2.33 points lower at 5,527.34 in the first half hour of trading.
The more liquid stocks on the S&P SL20 Index was at 2,716.28, falling 1.32 points.
Turnover was 60 million rupees.
Index-heavy bank stocks were trading lower.
Commercial Bank was trading 40 cents lower at 98 rupees per share.
Hatton National Bank was trading 30 cents lower at 173.50 rupees per share while Sampath Bank was trading 2.60 rupees lower at 180 rupees per share.(Colombo/Mar26/2019-SB)