Sri Lanka rupee ends firmer, gilt yields remain unchanged
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ECONOMYNEXT- Sri Lanka’s rupee closed stronger at 181.20/30 to the US dollar in the spot market on Thursday from Tuesday’s closing, while bond yields closed flat, dealers and brokers said.
The rupee closed at 181.50/60 to the greenback on Tuesday.
Liquidity in the overnight money market was 17.25 billion rupees, down from 31.99 billion rupees at Tuesday.
Banks deposited 20.25 billion rupees in the excess liquidity window at Central Bank.
In the secondary bond market, yields were flat in dull trading, dealers said.
A bond maturing on 15.12.2021 closed at 8.65/85 percent on Thursday, steady from 8.70/85 percent on Tuesday’s close.
A bond maturing on 01.09.2023 closed at 9.32/37 percent, down from 9.35/40 percent at Tuesday’s close.
A bond maturing on 15.09.2024 closed at 9.55/58 percent, stable from 9.55/60 percent.
A bond maturing on 15.10.2027 closed at 9.70/80 percent on Thursday, unchanged from 9.70/76 percent on Tuesday.
A bond maturing on 15.05.2030 closed at 9.90/95 percent, up from 9.85/95 percent.
A bond maturing on 15.09.2034 closed flat at 10.00/15 percent from its previous close. (Colombo/Jan16/2020)