Sri Lanka rupee ends weaker, gilts remain unchanged

ECONOMYNEXT- Sri Lanka’s rupee closed weaker at 181.30/45 to the US dollar in the spot market on Thursday, while bond yields gained, dealers said.

The rupee closed at 181.15/25 to the greenback on Wednesday.

Liquidity in the overnight market was 27.70 billion rupees, up from 36.69 billion rupees at Wednesday’s close.

Central Bank injected 20.00 billion rupees in a reverse repo auction at 7.49 percent.

In another term reverse repo auction held, Central Bank injected 20 billion rupees at 7.522 percent, maturing in 14-days.

In the secondary bond market, yields gained in active trading.

A bond maturing on 15.12.2021 closed flat at 8.60/80 percent on Thursday.

A bond maturing on 15.07.2023 closed at 9.20/30 percent, stable from 9.20/25 percent at the previous close.

A bond maturing on 15.09.2024 closed at 9.54/59 percent, up from 9.52/57 percent.

A bond maturing on 15.10.2027 closed at 9.75/80 percent, stable from 9.75/85 percent.

A bond maturing on 15.05.2030 closed at 9.95/10 percent, steady from 9.95/15 percent.

A bond maturing on 15.09.2034 closed at 10.15/25 percent, gaining from 10.00/25 percent. (Colombo/Jan02/2020)

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