Sri Lanka rupee opens stronger, bond yields stable
ECONOMYNEXT – Sri Lanka rupee closed stronger at 184.40/55 against the US dollar on Monday while bond yields were steady, dealers said.
The rupee ended at 184.45/55 rupees against the greenback on Friday.
In the secondary government securities markets, bond yields were stable, dealers said.
A 2-year bond maturing on 15.12.2022 was quoted at 5.46/54 per cent on Monday from 5.45/50 per cent at Friday’s closing.
A bond maturing on 15.01.2023 was quoted at 5.46/55 per cent, down from 5.50/53 per cent at last week’s close.
A bond maturing on 15.09.2024 was quoted at 6.00/10 per cent, stable from 6.00/07 per cent at previous day’s closing.
A bond maturing on 01.05.2025 was quoted unchanged from 6.30/40 per cent at the previous day’s closing.
A bond maturing on 01.02.2026 was quoted at 6.52/60 per cent, slightly up from 6.50/58 per cent at its previous close on Friday.
A bond maturing on 15.08.2027 was quoted at 6.85/92 per cent on Friday, up from 6.80/90 per cent at previous day’s closing.
The new bond maturing on 01.07.2028 was quoted at 7.05/09 per cent on Monday from closing at 7.00/7.10 per cent on Friday.
A 10-year bond maturing on 15.05.2030 was quoted at 7.22/32 per cent, flat from the previous day’s closing. (Colombo/ Sep14/2020)