Sri Lanka stocks close weaker, gilt yields stable
ECONOMYNEXT- Sri Lanka’s rupee closed weaker at 181.30/40 to the US dollar in the spot market on Monday, while gilt yields were stable, brokers and dealers said.
The rupee closed at 181.05/15 to the greenback on Friday.
Liquidity in the overnight money market was 24.04 billion rupees, down from 30.49 billion rupees at Thursday’s close.
Banks deposited 54.21 billion rupees through the central bank window.
The central bank injected 15.00 billion rupees at 7.50 percent in a reverse repo auction.
In the secondary bond market, yields were flat in dull trading, dealers said.
A bond maturing on 15.12.2021 closed at 8.80/90 percent on Monday, up from 8.65/95 percent last week.
A bond maturing on 15.07.2023 closed flat at 9.50/60 percent, from Friday’s close.
A bond maturing on 15.09.2024 closed stable at 9.87/92 percent.
A bond maturing on 15.10.2027 closed at 10.10/20 percent on Monday, gaining from 10.05/15 percent on Friday.
An auctioned 10-year bond maturing on 15.05.2030 closed flat at 10.15/30 percent.
A bond maturing on 15.09.2034 closed at 10.25/35 percent, steady from the previous close. (Colombo/Dec23/2019)