Sri Lanka rupee steady, bond yields flat
ECONOMYNEXT- Sri Lanka rupee was quoted around 187.00/188.50 to the US dollar in the next spot market on Wednesday, while bond yields were steady overall with slight buying pressure ahead the new year, dealers said.
Sri Lanka’s markets were closed for Poya religious holiday on Tuesday.
On Monday dollar traded around 188 levels in the spot market and closed around 187.50/188.50 to the dollar after interventions market participants said.
In the secondary securities market, bond yields we steady in dull market trade, dealers said.
Dealers said the market witnessed slight buying pressure ahead the new year.
A 2-year bond maturing on 15.12.2022 closed at 5.65/70 per cent on Wednesday, down from 5.70/75 per cent at Monday’s ending.
A bond maturing on 15.01.2023 closed at 5.68/74 per cent on Wednesday, down from 5.72/75 per cent at Monday’s end.
A bond maturing on 15.09.2024 closed at 6.42/47 per cent, up from 6.40/48 per cent at the last closing.
A bond maturing on 01.05.2025 closed at 6.50/65 per cent on Wednesday, down from 6.55/70 per cent.
A bond maturing on 01.02.2026 closed at 6.70/78 per cent, down from 6.75/85 per cent from the previous day’s end.
A bond maturing on 15.08.2027 closed at 7.15/23 per cent, steady 7.15/25 per cent at Monday’s end.
A bond maturing on 01.07.2028 closed at 7.20/30 per cent, down from 7.23/30 per cent, unchanged from the previous day’s end.
A 10-year bond maturing on 15.05.2030 closed at 7.75/90 per cent, up from 7.65/85 per cent at Monday’s closing. (Colombo/Dec30/2020)