Sri Lanka rupee ends stronger, bond yields higher
ECONOMYNEXT – Sri Lanka’s rupee closed stronger at 176.30/40 to the US dollar in the spot market on Thursday and gilt yields moved up, market participants said.
The rupee closed at 176.65/80 to the greenback on Wednesday.
The secondary market was active after a dull morning trade, dealers said.
A bond maturing on 15.12.2021 closed at 9.40/50 percent on Thursday, gaining from 9.35/45 percent at Wednesday’s close.
A bond maturing on 15.03.2023 closed at 9.80/88 percent, up from 9.75/80 percent.
A bond maturing on 15.03.2024 closed at 9.92/10.00 percent, up from 9.90/10.00 percent.
A bond maturing on 01.08.2026 closed at 10.23/30 percent, gaining from 10.20/25 percent.
A bond maturing on 15.01.2027 closed at 10.26/32 percent on Thursday, down from Wednesday’s 10.23/28 percent.
A 10-year bond maturing on 01.05.2029 closed at 10.53/60 percent, up from 10.50/55 percent. (COLOMBO, 23 May 2019)