Sri Lanka rupee close stronger, gilt yields steady

ECONOMYNEXT – Sri Lanka rupee closed stronger at 184.25/35 to the US dollar on Wednesday while bonds were steady, dealers said.

The rupee closed at 184.30/40 against the greenback on Tuesday.

In the secondary securities market, bond yields were steady while the overall market was dull, dealers said.

A 2-year bond maturing on 15.12.2022 closed at 5.55/65 per cent on Wednesday, up from 5.55/60 per cent at Tuesday’s closing.

A bond maturing on 15.01.2023 closed at 5.55/65 per cent on Wednesday, unchanged from 5.55/65 per cent at the last closing.

A bond maturing on 15.09.2024 closed at 6.10/15 per cent, unchanged from 6.10/15 per cent at the previous closing.

A bond maturing on 01.05.2025 closed at 6.35/45 per cent on Wednesday, unchanged from 6.35/45 per cent at the last closing.

A bond maturing on 01.02.2026 closed at 6.60/65 per cent on Wednesday unchanged from previous day’s end.

A bond maturing on 15.08.2027 closed at 6.85/95 per cent on Wednesday, up from 6.87/90 per cent at the previous day’s end.

A bond maturing on 01.07.2028 closed at 7.08/10 per cent on Wednesday unchanged from 7.08/10 at previous day’s end.

A 10-year bond maturing on 15.05.2030 closed at 7.35/45 per cent, unchanged from the previous day’s end.

(Colombo/October 28/2020)