Sri Lanka rupee weaker, bond yields steady

Sri Lanka’s rupee was quoted at 316.00/50 to the US dollar in the spot market Tuesday, depreciating from 315.60/80 the previous day, dealers said, while bond yields were broadly steady.

A bond maturing on 15.12.2029 was quoted at 9.97/10.02 percent, up from 9.99/10.00 percent.

A bond maturing on 01.03.2030 was quoted at 10.00/05 percent.

A bond maturing on 15.03.2031 was quoted at 10.10/20 percent, up from 10.05/15 percent.

A bond maturing on 01.06.2033 was quoted flat at 11.00/10 percent.

90,000 million rupees Treasury bills are being issued through an auction today.

The telegraphic transfer rates for the American dollar were 312.0500 buying, 319.0500 selling; the British pound was 411.2470 buying, and 422.5504 selling, and the euro was 355.8677 buying, 367.2871 selling.

On the Colombo Stock Exchange the All Share Price Index was trading up 0.05 percent, 10.58 points, at 21,102.82; while the S&P SL20 was down 0.08 percent, or 4.89 points, at 5,904.07.

Source: Economy Next