Sri Lanka rupee ends weaker, gilt yields flat
Notice: Undefined variable: insert_after in /home/deanej88/public_html/economy.oddly.co/wp-content/themes/enext/single.php on line 157
ECONOMYNEXT-Sri Lanka’s rupee closed marginally weaker at 181.30/35 to the US dollar in the spot market on Monday, while bond yields end flat, dealers and brokers said.
The rupee closed at 181.20/30 to the greenback on Friday.
Liquidity in the overnight money market was 26.69 billion rupees, up from 17.77 billion rupees at Friday’s close.
Banks deposited 41.33 billion rupees through Central Bank’s excess liquidity window.
Central Bank injected 14.60 rupees at 7.53 percent in an overnight reverse repo auction.
In the secondary bond market, yields were flat in moderate trading, dealers said.
A bond maturing on 15.12.2021 closed at 8.65/85 percent on Monday, unchanged from Friday’s close.
A bond maturing on 01.09.2023 closed at 9.32/37 percent, declining from its last closing at 9.35/39 percent.
A bond maturing on 15.09.2024 closed at 9.55/58 percent, unchanged from 9.55/57 percent on Friday.
A bond maturing on 15.10.2027 closed at flat on Monday at 9.72/78 percent.
A bond maturing on 15.05.2030 remained unchanged at 9.90/10.00 percent today.
A bond maturing on 15.09.2034 closed stable at 10.00/10 percent from its previous close. (Colombo/Jan20/2020)