Sri Lanka rupee closes stronger, gilt yields up
ECONOMYNEXT – The Sri Lanka rupee closed firm at 176.45/50 rupees against the US dollar in the spot market Monday while bond yields edged up, market participants said.
The currency closed Friday at 176.50/55 rupees against the US dollar.
In the secondary market, gilt yields ended marginally higher.
A bond maturing on 15.12.2021 closed flat at 9.60/75 percent, from Friday’s close of 9.60/70 percent.
A bond maturing on 15.03.2023 closed at 10.20/30 percent, up from the previous closing of 10.00/10 percent.
A bond maturing on 15.03.2024 ended at 10.35/40 percent, gaining from 10.22/30 percent.
A bond maturing on 01.08.2026 closed at 10.55/65 percent, up from 10.45/55 percent.
A bond maturing on 15.01.2027 closed 10.60/70 percent, up from 10.55/65 percent.
A 10-year bond maturing on 01.05.2029 closed at 10.70/85 percent, up from 10.57/65 percent. (COLOMBO, 10 June, 2019)