ECONOMYNEXT – Sri Lanka rupee was quoted slightly weaker around 187.00/187.50 to the US dollar in the spot market on Wednesday, while bond yields were flat, dealers said.
Sri Lanka’s markets were closed for Poya religious holiday on Tuesday.
On Monday the rupee closed around 188.00/189.00 to the US dollars in the spot next.
Monday dollar was selling around 188 levels market participants said.
In the secondary securities market, bond yields remained unchanged in dull market trade, dealers said.
A 2-year bond maturing on 15.12.2022 was quoted at 5.70/75 per cent on Wednesday, unchanged from Monday’s ending.
A bond maturing on 15.01.2023 was quoted at 5.73/80 per cent on Wednesday, 5.72/75 per cent at Monday’s end.
A bond maturing on 15.09.2024 was quoted at 6.42/47 per cent, up from 6.40/48 per cent at the last closing.
A bond maturing on 01.05.2025 was quoted at 6.50/60 per cent on Wednesday, down from 6.55/70 per cent.
A bond maturing on 01.02.2026 was quoted flat at 6.75/85 per cent from the previous day’s end.
A bond maturing on 15.08.2027 was quoted flat at 7.15/20 per cent, steady 7.15/25 per cent at Monday’s end.
A bond maturing on 01.07.2028 was quoted flat at 7.23/30 per cent, unchanged from the previous day’s end.
A 10-year bond maturing on 15.05.2030 was quoted at 7.75/85 per cent, down from 7.65/85 per cent at Monday’s closing. (Colombo/Dec30/2020)