Sri Lanka’s rupee opened weaker on Monday, trading at 292.60/70 to the US dollar, compared to 292.50/65 on Friday, according to dealers. Bond yields showed a mixed trend, with some yields decreasing while others remained stable.
The yield on a bond maturing on December 15, 2026, was quoted at 10.45/55 percent, slightly up from 10.40/55 percent on the previous session. Meanwhile, the yield on a bond maturing on December 15, 2027, fell to 11.25/35 percent, down from 11.30/35 percent. A bond maturing on February 15, 2028, was quoted at 11.53/57 percent, and a bond maturing on September 15, 2029, remained stable at 11.95/12.05 percent.
The central bank has announced an upcoming auction on November 12, where it plans to issue Rs. 85,000 million in Treasury Bonds under the 09.00% 2028 ‘B’ series and Rs. 47,500 million under the 09.00% 2032 ‘A’ series.
In equities, Colombo’s All Share Price Index opened 0.14 percent higher, or 18.01 points, at 12,818, while the S&P SL20, tracking more liquid stocks, was up by 0.17 percent or 6.36 points at 3,837. Market turnover reached 31 million rupees.
This movement in the currency and bond market highlights the ongoing adjustments in Sri Lanka’s financial landscape as the country navigates economic challenges.