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Sri Lanka bond yields down

ECONOMYNET- Sri Lanka bond yields were down amid active trade, dealers and brokers said.

Sri Lanka’s rupee gained to close around 186.40/50 to the US dollars in the spot market on Thursday, dealers said, amid the collapse in domestic demand from Coronavirus curfews and import controls.

In the secondary government securities market, bond yields were down, dealers said.

Dealers said that there was high liquidity in 2023 maturities.

A bond maturing on 10.08.2021 was quoted at 7.00/10 percent on Friday, unchanged from yesterday’s closing.

A 2-year bond maturing on 01.10.2022 was quoted at 7.60/65 percent down from 7.70/75 percent.

A bond maturing on 15.01.2023 was quoted at 7.90/92 percent Friday down from 7.95/98 percent.

A bond maturing on 15.09.2024 was quoted at 8.42/47 percent on Friday, down from 8.45/50 percent on Thursday.

A bond maturing on 15.10.2027 was quoted at 8.80/83 percent, down from 8.82/88 percent Thursday.

(Colombo/May22/2020)

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