ECONOMYNEXT – Sri Lanka rupee closed steady at 176.45/55 on Tuesday and bonds yields were stable, market participants said.
The rupee ended around 176.45/60 to the US dollar on Monday. Sri Lanka’s rupee has been stable amid a credit contraction in the first few months of 2019.
In the secondary market, gilt yields picked up marginally after the bill auction to close steady, dealers said
A bond maturing on 15.12.2021 closed at 9.55/65 percent on Tuesday, up from Monday’s closing of 9.50/60 percent.
A bond maturing on 15.03.2023 closed flat at 10.00/10 percent.
A bond maturing on 15.03.2024 closed at 10.10/18 percent, steady from 10.10/20 percent.
A bond maturing on 01.08.2026 closed at 10.42/50 percent, down from 10.45/60 percent.
A bond maturing on 15.01.2027 closed at 10.50/54 percent, stable from 10.50/60 percent on Monday.
A 10-year bond maturing on 01.05.2029 closed at 10.55/63 percent, steady from 10.55/65 percent.
(COLOMBO, 4 June 2019)