ECONOMYNEXT – Sri Lanka’s rupee closed at 199.50/200.25 levels to the US dollar in the spot market on Thursday after opening around 200/203 levels in one-month dollar, while bond markets were also quiet, dealers said.
Many dealers and market participants were still on holiday following the traditional New Year on April 13 and 14.
Bond markets were also quiet with few maturities being quoted, dealers said.
Bonds maturing on 15.12.2022 closed at 5.98/6.08 per cent on Thursday from 5.98/05 on Monday.
Bonds maturing on 15.11.2023 closed at 6.40/55 per cent unchanged from 6.40./55 Monday.
Bonds maturing on 15.12.2024 closed at 6.75/90 down from 6.80/90 Monday.
The market has not reacted much to the announcement of a China Development Bank loan of 500 million dollars, dealer said, but sovereign yields have fallen. (Colombo/Apr15/2021)