Sri Lanka rupee opens stronger, bond yields ease
ECONOMYNEXT – Sri Lanka rupee was quoted stronger at 184.20/50 against the US dollar on Wednesday while bond yields were down marginally, dealers said.
The rupee closed at 184.30/40 to the greenback on Tuesday.
In the secondary government securities markets, bond yields were down marginally in moderate trade, dealers said.
A 2-year bond maturing on 15.12.2022 was quoted at 5.46/55 percent on Wednesday, down from 5.50/55 percent Tuesday.
A bond maturing on 15.01.2023 was quoted at 5.50/55 percent, unchanged from 5.50/60 percent Tuesday.
A bond maturing on 15.09.2024 was quoted at 6.02/07 percent on Wednesday, down from Tuesday’s closing at 6.05/10 percent.
A bond maturing on 01.05.2025 was quoted at 6.32/35 percent on Wednesday, steady from 6.32/38 percent at the previous day’s closing.
A bond maturing on 01.02.2026 was quoted at 6.47/53 percent, down from 6.48/55 percent at the previous close.
A bond maturing on 15.08.2027 was quoted at 6.93/95 percent, down from 6.95/7.00 percent Tuesday.
A 10-year bond maturing on 15.05.2030 was quoted at 7.25/32 percent, unchanged from 7.25/35 percent at the previous day’s closing. (Colombo/Aug19/2020)