Sri Lanka’s rupee firmer at 190.50/191.50 to greenback
ECONOMYNEXT – Sri Lanka rupee quoted firmer around 190.50/191.50 levels in the spot market on Friday from previous day’s 192/193 levels, while bond yield flat in dull market trade after a bond auction, dealers said.
Sri Lanka’s markets were closed on Thursday for Poya religious holidays.
The rupee closed around 192/193.00 to the US dollar on Wednesday.
In bond markets, yields remained unchanged in the dull market after a 75 billion bond auction on Wednesday was undersubscribed by 75 per-cent.
A bond maturing on 15.12.2022 was quoted at 5.40/50 per cent on Friday, down from 5.42/50 per cent at Wednesday’s close.
A bond maturing on 01.10.2023 was quoted flat at 5.75/85 per cent on Friday.
A bond maturing on 01.12.2024 was quoted at 6.33/37 per cent, up from 6.30/33 per cent a day earlier.
A bond maturing on 01.05.2025 was quoted at 6.50/60 per cent on Friday, up from 6.45/55 per cent at the last close.
A bond maturing on 01.02.2026 was quoted at 6.70/77 per cent on Friday, up from 6.67/75 per cent.
A bond maturing on 15.08.2027 was quoted flat at 7.10/20 per cent from previous day’s close.
A bond maturing on 15.05.2030 was quoted at 7.60/30 per cent on Friday, up from 7.55/75 per cent at Wednesday’s end. (Colombo/Jan29/2021)