Sri Lanka rupee ends weaker in one month forwards, gilts flat

ECONOMYNEXT – Sri Lanka rupee closed weaker around 191/193 to the US dollar in the one month market on Monday, while bond yields were unchanged, dealers said.

One month was quoted at similar levels on Friday.

In the secondary securities market, bond yields remained unchanged in dull trade dealers said.

“Yields flirt with the previous close as the market remained on sidelines”, FirstCapital Market Research said.

“The secondary bond market reverted back to the lacklustre sentiment while witnessing ultra-thin volumes resulting in overall yield curve remaining broadly unchanged. In the shorter end of the yield curve, 01.10.23 maturity witnessed slight buying interest and changed hands in the range of 5.95%-5.93%.”

A 2-year bond maturing on 15.12.2022 closed at 5.60/65 per cent Monday, down from 5.70/75 per cent on Friday.

A bond maturing on 15.01.2023 closed at 5.65/70 per cent, flat from the last closing.

A bond maturing on 15.09.2024 closed flat at 6.35/42 per cent on Monday.

A bond maturing on 01.05.2025 closed at 6.50/60 per cent on Monday, unchanged.

A bond maturing on 01.02.2026 closed unchanged at 6.68/75 from the previous day’s end.





A bond maturing on 15.08.2027 closed flat at 7.15/20 per cent.

A bond maturing on 01.07.2028 closed at 7.20/30 steady from 7.20/35 per cent from the previous day’s end.

A 10-year bond maturing on 15.05.2030 closed at 7.70/85 down from 7.70/90 per cent. (Colombo/Jan04/2021)

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