ECONOMYNEXT – Sri Lanka’s rupee closed weaker at 192.00/193.00 in the spot next market against the US dollar on Monday, while bond yields eased on continued buying pressure after the bond auction.
Rupee last closed at 191.00/192.50 to the US dollar on Friday.
In bond markets yields fell slightly on stronger buying sentiment in active trade after the bond auction for 100 billion rupees fully subscribed today, dealers said.
A 20 billion rupees’ bond maturing on 01.05.2028, a 40 billion rupees’ bond maturing on 15.01.2028 and another 40 billion rupees’ bond maturing on 01.12.2024 was auctioned.
A 2-year bond maturing on 15.12.2022 closed at 5.47/50 per cent, down from 5.52/55 per cent on Friday.
A bond maturing on 15.01.2023 closed at 5.48/53 per cent on Monday, down from 5.53/57 percent on last closing.
A bond maturing on 15.09.2024 closed at 6.26/30 down from 6.30/35 per cent.
A bond maturing on 01.05.2025 closed at 6.45/53 per cent on Monday, down from 6.50/55 per cent.
A bond maturing on 01.02.2026 closed at 6.60/65down from 6.63/70 from the last closing.
A bond maturing on 15.08.2027 closed at 7.02/12 per cent down from 7.07/17 per cent.
A bond maturing on 01.07.2028 closed flat at 7.15/30 per cent.
A 10-year bond maturing on 15.05.2030 closed at 7.65/85 up from 7.60/80 per cent Friday.