Sri Lanka rupee ends weaker, gilt yields marginally up

ECONOMYNEXT – Sri Lanka’s rupee closed weaker at 180.65/75 to the US dollar on Thursday, while bond yields marginally gained, brokers and dealers said.

Sri Lanka’s rupee closed at 180.50/60 to the greenback on Wednesday.

Liquidity in the overnight money market was 16.31 billion rupees, up from 15.02 billion rupees at Wednesday’s close.

In the secondary bond market, bond yields were marginally up in a dull market ahead of tomorrow’s bond auction, dealers said.

A bond maturing on 15.12.2021 closed at 8.68/75 percent on Thursday, marginally gaining from 8.67/77 percent from Wednesday’s close.

A bond maturing 15.07.2023 closed at 9.75/80 percent, up from 9.70/78 percent on Wednesday.

A bond maturing on 15.09.2024 closed at 10.15/25 percent, stable from 10.15/18 percent on Wednesday’s close.

A 15-year bond maturing on 15.09.2034 closed at 10.69/72 percent, up from 10.67/72 percent on Wednesday.

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