Sri Lanka rupee ends firmer, gilt yields down
ECONOMYNEXT – Sri Lanka rupee closed firmer at 182.90/183.05 against the US dollar on Wednesday in the spot market while bond yields eased, dealers said.
The rupee closed at 184.05/15 against the greenback on Tuesday.
In the secondary markets, bond yields eased in active trade, dealers said.
Sri Lanka’s debt office successfully sold the full 36.5 billion rupees offered in the auction held today. The overall auction yields remained flat.
A 2-year bond maturing on 15.12.2022 closed at 5.68/73 percent on Wednesday, down from 5.75/80 percent at Tuesday’s end.
A bond maturing on 15.01.2023 closed at 5.70/75 percent, easing from 5.78/85 percent at Tuesday’s close.
A bond maturing on 15.09.2024 closed at 6.16/20 percent on Wednesday, down from Tuesday’s closing at 6.17/22 percent.
A bond maturing on 01.05.2025 closed at 6.38/43 percent on Wednesday, falling from 6.40/50 percent at the previous day’s closing.
A bond maturing on 01.02.2026 closed at 6.50/55 percent, steady from 6.50/60 percent at the previous close.
A bond maturing on 15.08.2027 closed at 6.95/7.05 percent, steady from 7.00/07 percent at Tuesday’s closing.
A 10-year bond maturing on 15.05.2030 closed at 7.25/35percent, falling from 7.30/37 percent at the previous day’s closing. (Colombo/Aug12/2020)