EONOMYNEXT – Sri Lanka’s rupee ended slightly stronger at 176.15/25 against the US dollar on Monday while bond yields eased marginally, dealers said.
The rupee closed at 176.18/25 against the greenback on Friday.
Liquidity in the overnight money market was 45.20 billion rupees, down from 46.39 billion rupees at Friday.
In the overnight repo auction held today after a week, Central Bank mopped up 15.50 billion rupees at a rate of 7.68 percent.
In the secondary bond market, yields eased in dull trading, dealers said.
A bond maturing on 15.10.2021 closed at 8.82/87 percent on Monday, marginally down from 8.86/92 percent at Friday.
A bond maturing on 15.03.2023 closed at 9.45/50 percent, easing from 9.47/50 percent.
A bond maturing on 05.06.2024 closed flat 9.80/82 percent.
A bond maturing on 01.08.2026 closed at 9.90/96 percent, down from 9.92/97 percent.
A bond maturing on 15.01.2027 closed at 9.93/98 percent, falling from 9.95/02 percent.
A 10-year bond maturing on 01.05.2029 closed at 10.00/10.03 percent, steady from 10.00/10 percent. (Colombo/Jul29/2019)