Sri Lanka’s rupee opened weaker at 302.30/50 to the US dollar on Tuesday, according to dealers. This marks a slight decline from Monday’s closing rate of 302.30/43.
In the secondary bond market, yields remained relatively stable. A bond maturing on December 15, 2026 was quoted at 10.70/80 percent, down from 10.75/80 percent. Meanwhile, a bond maturing on December 15, 2027 saw a yield increase to 12.00/15 percent, up from 11.80/12.05 percent. Yields for a bond maturing on July 1, 2028 rose slightly to 12.35/45 percent, up from 12.30/45 percent. Conversely, a bond maturing on September 15, 2029 was quoted at 12.45/50 percent, down from 12.45/55 percent, and a bond maturing on October 15, 2030 was quoted at 12.75/80 percent, down from 12.75/85 percent.
On the equity front, the Colombo Stock Exchange saw a modest increase. The All Share Price Index opened 2.73 points higher at 11,254, while the S&P SL20 Index, which tracks more liquid stocks, was up by 0.09 percent or 2.86 points to 3,217. The market turnover stood at 8 million rupees.