Sri Lanka rupee opens stronger, gilt yields flat

ECONOMYEXT – Sri Lanka rupee was quoted stronger at 185.68/78 to US dollar in the spot market on Thursday while bond yields were unchanged, dealers said.

Rupee closed at 185.72/77 to the greenback on Wednesday.

In the secondary government securities market, gilt yields were flat in moderate market trade, dealers said.

A 2-year bond maturing on 15.12.2022 was quoted at 5.68/75 percent on Thursday, unchanged from 5.68/72 percent at Wednesday’s close.

A bond maturing on 15.01.2023 was quoted at 5.70/78 percent unchanged from 5.70/75 percent at Wednesday’s close.

A bond maturing on 15.09.2024 was quoted at 6.20/27 percent up from Wednesday’s closing at 6.18/28 percent.

A bond maturing on 01.05.2025 was quoted at 6.45/50 percent on Thursday, edging up from 6.43/48 percent at yesterday’s closing.

A bond maturing on 01.02.2026 was quoted at 6.50/55 percent, unchanged from 6.50/55 from the previous close.

A bond maturing on 15.10.2027 was quoted at 6.90/7.00 percent, down from 6.93/7.03 percent from Wednesday’s end.

A 10-year bond maturing on 15.05.2030 was quoted at 7.25/35 percent, down from 7.28/35 percent on Wednesday’s closing.
(Colombo/July30/2020)