Sri Lanka’s rupee appreciated to 299.20/60 against the US dollar on Friday, improving from the previous day’s rate of 300.00/30, according to dealers. Despite the rupee’s gain, bond yields experienced an upward trend.
Notable movements in bond yields include:
- The bond maturing on December 15, 2026, closed at 11.15/25 percent, up from 11.10/20 percent.
- The bond maturing on December 15, 2027, remained stable at 12.10/25 percent.
- The bond maturing on July 1, 2028, increased to 12.80/95 percent from 12.75/85 percent.
- The bond maturing on June 15, 2029, rose to 13.00/15 percent from 12.85/13.00 percent.
- The bond maturing on October 1, 2032, closed at 13.20/35 percent.
These developments reflect market adjustments amidst fluctuating economic conditions.
Source: CBSL
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Last modified: August 31, 2024
