Sri Lanka rupee ends strong, bond yields ease
ECONOMYNEXT- Sri Lanka’s rupee closed firm at 176.40/55 against the US dollar in the spot market on Tuesday while bond yields eased, dealers said.
The rupee closed at 176.50/55 against the greenback on Monday.
Liquidity in the overnight money market was down at 19.60 billion rupees from 20.33 rupees on Monday.
Central Bank has mopped up 10 billion rupees at 7.71 percent via an overnight repo auction.
In the secondary market, bond yields eased ahead of the weekly bill auction, dealers said.
A bond maturing on 15.10.2021 closed at 9.33/39, easing from 9.38/43 percent at Monday’s close.
A bond maturing on 15.12.2021 closed at 9.40/45 percent, falling from 9.45/50 percent.
A bond maturing on 15.03.2023 closed flat at 9.82/88 percent.
A bond maturing on 15.03.2024 closed at 9.97/10.01 percent, down from 9.98/10.03 percent.
A bond maturing on 01.08.2026 closed at 10.20/24 percent, falling from 10.23/30 percent.
A bond maturing on 15.01.2027 ended at 10.26/33 percent, declining from 10.28/35 percent.
A 10-year bond maturing on 01.05.2029 ended flat at 10.45/52 percent. (Colombo/Jun25/2019)