Sri Lanka rupee ends weaker, gilt yields ease

rupee notes

ECONOMYNEXT – Sri Lanka’s rupee closed weaker at 180.50/60 to the US dollar on Wednesday, while bond yields eased, brokers said.

Sri Lanka’s rupee closed at 180.30/45 to the greenback on Tuesday.

Liquidity in the overnight money market was 15.02 billion rupees, up from 11.13 billion rupees at the previous day’s close.

Banks deposited 19.86 billion rupees at 7.00 percent through Central Bank’s excess liquidity window, down up 19.41 billion rupees on Tuesday.

In the secondary bond market, bond yields were marginally down in an active market, dealers said.

A bond maturing on 15.12.2021 closed at 8.67/77 percent on Wednesday, down from 8.70/80 percent at Tuesday’s close.

A bond maturing 15.07.2023 closed at 9.70/78 percent, easing from 9.75/85 percent.

A bond maturing on 15.09.2024 closed at 10.15/18 percent, marginally falling from 10.16/20 percent.

A 15-year bond maturing on 15.09.2034 closed at 10.67/72 percent, falling from 10.71/77 percent.





Tags :

Latest Comments

Your email address will not be published. Required fields are marked *