Bond Yields

Sri Lankan Rupee Strengthens to 293.75 Against USD; Bond Yields Steady

Sri Lanka’s rupee opened stronger on Monday at 293.75/294.25 to the US dollar, compared to 294.00/35 the previous day, while bond yields remained broadly steady, according to dealers.

The bond maturing on December 15, 2027, was quoted at 11.45/55 percent, a decrease from the previous 10.50/60 percent. The bond maturing on February 15, 2028, was quoted at 11.60/70 percent, down from 11.70/80 percent. Additionally, a bond maturing on June 15, 2029, was quoted at 11.85/12.00 percent.

In equities, Colombo’s All Share Price Index opened 0.72 percent higher, gaining 86.39 points to reach 12,139, while the S&P SL20 index of more liquid stocks rose by 1.13 percent, or 39.88 points, to reach 3,583. The market turnover was recorded at 416 million rupees.