Sri Lanka rupee ends weaker, gilt yields up marginally
ECONOMYNEXT – Sri Lanka’s rupee closed weaker at 180.00/180.20 to the dollar on Friday, while gilt yields gained, dealers and brokers said.
In the spot market, the rupee closed at 179.50/70 to the greenback on Thursday.
Liquidity in the overnight money market was 26.40 billion rupees, up from 14.90 billion at the previous day’s close.
In the secondary market, gilt yields gained in active trade, dealers said.
A bond maturing on 15.12.2021 closed at 8.60/80 percent on Friday, up from 8.50/60 percent at Thursday’s close.
A bond maturing on 15.07.2023 closed at 9.12/17 percent, falling from 9.15/25 percent.
A bond maturing on 15.09.2024 closed at 9.50/55 percent, up from 9.45/55 percent.
A bond maturing on 15.10.2027 closed at 9.80/85 percent, stable from 9.80/87 percent.
A bond maturing on 15.09.2034 closed flat at 10.25/40 percent. (Colombo/Nov22/2019)