Sri Lanka’s rupee opened slightly weaker on Wednesday, trading at 300.30/80 against the US dollar, compared to 300.00/30 the previous day, according to market dealers. Meanwhile, bond yields saw a marginal increase.
The bond market remained quiet, with active quotes yet to commence. A bond maturing on 1st July 2028 was quoted at 12.60/70%, up slightly from the previous 12.50/55%. Additionally, a bond maturing on 15th June 2029 saw yields quoted at 12.75/90%, compared to the earlier 12.70/80%.