Header Ad

Sri Lanka rupee quoted weaker, bond yields edge up

ECONOMYNEXT- Sri Lanka rupee was quoted weaker Thursday at 186.25/40 while bond yields edged up, dealers said.

The rupee closed at 186.15/35 to the greenback on Wednesday.

Central Bank issued the average rates for the following currencies quoted by commercial banks in Colombo for Telegraphic Transfers (TT).

The TT buying rate went up by 14 cents while the selling rate went up by 34 cents, central bank data shows.

Sri Lanka’s debt office sold 8.0 billion rupees of 3-month bills, 11.0 billion rupees of 6-month bills and 16 billion in 12-month bills after offering 30 billion rupees up in weekly bills auction yesterday.

In the secondary government securities market, bond yields edged up in moderate trade, dealers said.

Dealers also said that liquidity was mainly centered on 2023 maturities.

A bond maturing on 10.08.2021 was quoted at 6.90/10 percent on Thursday, flat from Wednesday’s closing.

A 2-year bond maturing on 01.10.2022 was quoted at 7.45/50 percent, up from 7.40/47 percent.

Advertisement

 

 

 

A bond maturing on 15.01.2023 was quoted at 7.78/82 percent, up from 7.73/79 percent on Wednesday.

A bond maturing on 15.09.2024 was quoted at 8.40/45 percent on Thursday, up from 8.35/40 percent at Wednesday’s end.

A bond maturing on 15.10.2027 was quoted at 8.80/90 percent on Thursday, unchanged from 8.80/85 percent on yesterday‘s close.

(Colombo/May28/2020)

Tags :