Sri Lanka rupee opens flat, gilt yields steady
ECONOMYNEXT – The Sri Lanka rupee opened flat at 176.75/90 against the US dollar in the spot market Monday while bond yields were stable, dealers said.
The rupee closed on Friday at 176.75/90 against the greenback.
In the secondary bond market, gilt yields opened steady in dull trade, dealers said.
The repo market opened at 7.95/8.05 percent, up from 7.90/8.25 percent and call money was quoted at 7.95/8.00 percent, gaining from 7.85/8.00 percent on Friday.
A bond maturing on 15.12.2021 was quoted at 9.75/85 percent, easing from Friday’s closing of 9.78/82 percent.
A bond maturing on 15.03.2023 was quoted at 10.15/25 percent, steady from 10.15/19 percent.
A bond maturing on 15.03.2024 was quoted at 10.28/35 percent, gaining from 10.25/33 percent.
A bond maturing on 01.08.2026 was quoted 10.48/58 percent, stable from 10.48/53 percent Friday.
A bond maturing on 15.01.2027 was quoted at 10.55/62 percent, up from 10.52/57 percent.
A 10-year bond maturing on 01.05.2029 was quoted flat at 10.65/70 percent.
Keyword: US dollar, Sri Lanka rupee, Central Bank of Sri Lanka
(COLOMBO, 17 June, 2019)