Sri Lanka rupee ends steady, gilt yields unchanged
ECONOMYNEXT – Sri Lanka rupee ends steady at 185.25/35 against the US dollar on Friday while bond yields were flat, dealers ahead of the bond auction on Friday, dealers said.
The rupee closed at 185.20/30 to the greenback on Thursday.
In the secondary government securities markets, bond yields were flat, dealers said.
Dealers said the market witnessed mixed activity but on thin volumes.
Sri Lanka’s debt office also announced a 75.0 billion rupees bond auction which will be held on September 28, 2020. The bond is split into 45 billion rupees at 5.75 per cent coupon rate maturing on 15.11.2022 and rest of the 30 billion rupees at 5.35 per cent maturing on 01.03.2026.
A 2-year bond maturing on 15.12.2022 closed at 5.62/67 per cent on Friday unchanged from Thursday’s closing.
A bond maturing on 15.01.2023 closed flat at 5.65/70 per cent on Friday from its last close.
A bond maturing on 15.09.2024 closed at 6.12/18 per cent on Friday, down from 6.14/18 per cent at previous day’s closing.
A bond maturing on 01.05.2025 closed at 6.38/48 per cent, sliding from 6.40/50 per cent at the previous day’s closing.
A bond maturing on 01.02.2026 closed at 6.62/70 per cent, down from 6.63/67 per cent at its previous close on Thursday.
A bond maturing on 15.08.2027 closed at 6.90/7.00 per cent, unchanged from the previous day’s closing.
A bond maturing on 01.07.2028 closed at 7.08/18 per cent, up from 7.05/20 per cent at Thursday’s closing.
A 10-year bond maturing on 15.05.2030 closed at 7.35/42 per cent, climbing from 7.25/40 per cent at the previous day’s closing.