Sri Lanka rupee closes stronger, gilt yields flat

rupee notes

ECONOMYNEXT- The Sri Lanka rupee closed stronger at 180.50/60 to the US dollar on Monday, while bond were flat in a dull market, dealers said.

The rupee closed at 180.85/95 against the greenback in the spot market on Friday.

In the secondary bond market, gilt yields remained flat, dealers said.

Dealers said the 2024 maturities were the most liquid.

A bond maturing on 15.10.2021 closed at 8.75/85 percent on Monday, up from 8.70/80 percent at Friday’s close.

A bond maturing on 15.03.2023 closed at 9.70/75 percent, unchanged from Friday’s close.

A bond maturing on 15.06.2024 closed at 10.02/10 percent, gaining from 10.00/04 percent.

A bond maturing on 01.08.2026 closed at 10.08/18 percent, up from 10.05/10 percent.

A bond maturing on 15.01.2027 closed at 10.10/20 percent, up from 10.05/15 percent.

A bond maturing on 01.05.2028 closed at 10.10/25 percent, rising from 10.05/15 percent.

A 20-year bond maturing on 15.08.2039 closed at 10.15/35 percent, easing from 10.05/35 percent. (COLOMBO, 09 September, 2019)