Sri Lanka rupee closes weaker, bond yields remain flat
ECONOMYNEXT – The Sri Lanka rupee closed weaker at 175.70/75 rupees against the US dollar in the spot market on Monday while bond yields remained flat, dealers said.
In the secondary bond market, gilt yields ended flat in Monday’s closing owing to Tuesday’s Poya religious holiday, leaving the market dull.
Dealers also said that a volume of only 400 million rupees was seen in the market today.
A bond maturing on 15.10.2021 closed at 8.70/80 percent up from 8.70/74 percent in Friday’s closing.
A bond maturing on 15.03.2023 closed at 9.50/60 percent, up from the previous closing of 9.50/53 percent.
A bond maturing on 15.03.2024 ended at 9.72/78 percent, up from 9.72/76 percent.
A bond maturing on 01.08.2026 closed at 9.90/00 percent, down from 9.92/95 percent.
A bond maturing on 15.01.2027 closed at 9.97/05 up from 9.97/10.02 percent.
A 10-year bond maturing on 01.05.2029 closed at 10.05/12 percent, down from 10.06/11 percent in the previous close. (COLOMBO, 15 July, 2019)