Sri Lanka rupee gains, gilt yields stable

ECONOMYNEXT – Sri Lanka rupee was quoted slightly stronger at 181.35/40 percent to the US dollar in the spot market on Monday while bond yields were stable, dealers and brokers said.

The rupee closed at 181.40/50 to the greenback on Friday.

In the secondary government securities market, bond yields were stable in moderate trade, a dealer said.

Dealers said the liquidity centered on the 15.09.2024 bond.

A bond maturing on 15.12.21 was quoted at 8.60/85 percent on Monday, unchanged Friday’s close.

A bond maturing on 01.09.2023 was quoted at 9.15/25 percent, climbing from 9.10/20 percent in its previous close.

A bond maturing on 15.09.2024 was quoted at 9.42/47 percent on Friday, gaining from 9.43/49 percent on Friday.

A bond maturing on 15.10.2027 was quoted at 9.60/65 percent today, falling from 9.62/68 percent last week.

A bond maturing on 15.05.2030 was quoted at 9.65/85, stable from Friday’s close.

A bond maturing on 15.09.2034 was quoted at 9.65/95 percent on Monday, also holding stable from its last closing.

(Colombo/Feb10/2020)