The Sri Lankan rupee faced a slight weakening trend against the US dollar, closing at 301/302.00 compared to the previous day’s 299.00/30, according to dealers. Despite this, bond yields experienced a downward trajectory, indicating fluctuations in the market.
In specific bond movements, those maturing on 15.12.2026 saw a decrease, closing at 9.95/10.10 percent from the prior 10.10/30 percent. Similarly, bonds maturing on 15.09.2027 and 15.03.2028 also witnessed a decline, closing at 10.25/35 percent and 10.55/65 percent respectively, down from their previous rates.
Further down the timeline, bonds maturing on 15.09.2029 and 15.05.2030 also experienced decreases in their yields, closing at 10.90/11.05 percent and 11.40/55 percent respectively. Finally, the bond maturing on 01.10.2032 saw its yield dropping to 11.85/95 percent from the previous 11.90/12.10 percent.
These fluctuations in bond yields alongside the slight weakening of the rupee against the dollar highlight the ongoing dynamics in Sri Lanka’s financial landscape, warranting continued attention from investors and analysts alike.