Sri Lanka rupee closes weaker, gilt yields flat

ECONOMYNEXT- The Sri Lanka rupee closed weaker at 180.48/55 to the US dollar on Monday, while bond yields remained unchanged, brokers and dealers said.

The rupee closed at 180.25/35 against the greenback in the spot market on Thursday.

Liquidity in the overnight money market was 6.44 billion rupees, up from 2.91 billion rupees Thursday.

The central bank injected 6.45 billion rupees at 7.43 percent in an overnight repo auction.

In another term repo auction held 7.75 billion rupees at 7.4 percent was to be settled today and 5 billion rupees at 7.46 maturing in 7 days is to be settled tomorrow.

In the secondary bond market, gilt yields remained unchanged in dull trading, dealers said.

A bond maturing on 15.10.2021 closed at 9.90/10.10 percent on Monday, stable from 9.90/10.05 percent at Thursday’s close.

A bond maturing on 15.03.2023 remained unchanged at 9.85/10.00 percent.

A new bond maturing on 15.09.2024 closed at 10.35/38 percent, up from 10.33/38 percent.

A bond maturing on 01.08.2026 was quoted not quoted.





A bond maturing on 01.05.2028 was quoted not quoted.

A 15-year bond maturing on 15.09.2034 was quoted at 10.95/11.00 percent gaining from 10.80/10.80/95 percent. (Colombo/Sept16/2019)

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