Sri Lanka bonds yields edge up, rupee marginally weaker

ECONOMYNEXT – Sri Lanka’s bond yields edged up Wednesday amid a Treasuries auction while the rupee closed marginally lower after recovering from a mid-day fall, dealers said.

The spot US dollar closed around 178.40/55 rupees on Wednesday after weakening as much as 178.80 in intra-day trading and recovering to 178.30 levels, dealers said.

The rupee closed around 178.30/40 to the US dollar yesterday.

Bond yields edged up with some selling pressure, dealers said.

A bond maturing on 01.08.2201 closed around 11.00/08 percent, up from yesterday’s 10.95/03 percent.

A maturing on 01.08.2026 closed at 11.37/43 percent, up from yesterday’s 10.32/36 percent.

A bond maturing on 15.01.2027, which was sold at the last auction on January 31 at 11.30 percent, closed at 11.38/43 percent, up from yesterday’s 11.32/35 percent.

A bond maturing on 15.06.2027 closed at 11.42/45, up from yesterday’s 10.36/40 percent. (Colombo/Feb13/2019-SB)
 

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