Bond yields slightly down, Sri Lanka rupee steady

ECONOMYNEXT – Sri Lanka’s bond yields eased Monday and the rupee was steady in forex markets, dealers said, as a sovereign bond was launched in international markets seeking 5 and 10 year funds.

One week dollars were quoted at 146.10/30 rupees in mid-morning trade Monday marginally weaker from Friday’s close of 146.05/10 rupees.

There is no spot market in rupees in Sri Lanka due to moral suasion by authorities.

Bond yields were about 10 basis points higher on liquid maturities, dealers said.

A selection of quotes late morning Monday is given below:

01.02.2021 quoted at 11.80/88 percent down from Friday’s 11.75/85 on 11

01.01.2024 bonds quoted at 12.05/10 percent down from Friday’s close of 12.17/25

15.03.2025 bond quoted at 12.15/25 percent down from 12.25/35

01.06.2026 bond quoted at 12.25/30 percent down from Friday’s 12.37/45

(Colombo/July11/2016)
 

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