ECONOMYNEXT – Sri Lanka’s newly issued bond yields closed steady on Monday, dealers said, while older bonds were inactive as market took stock of a spike in a two year bond, dealer said.
A bond maturing on 01.07.2025 issued at 32.19 percent, closed at 32.00/80 percent.A bond maturing on 01.05.2027 issued at 29.21 percent, closed at 29.25/40 percent.
Sri Lanka has issued large volumes of Treasury bills and the higher yield on the may incentivise banks to go the two year bonds, analysts said.
The Central Bank’s guidance peg for interbank US dollar transactions remained unchanged at 362.14 rupees against the US dollar.
Commercial banks offered dollars for telegraphic transfers at 371.38 rupees on Friday, data showed. (Colombo/Jan30/2022)