Sri Lanka’s rupee strengthened slightly on Thursday, closing at 292.85/293.00 to the US dollar, improving from the previous day’s rate of 293.00/20, according to dealers. Bond yields remained steady ahead of the upcoming Treasury Bond auction scheduled for Friday, where the central bank plans to issue 95 billion rupees worth of bonds.
A bond maturing on December 15, 2026, saw its yield drop slightly, closing at 10.25/40 percent compared to the previous 10.30/50 percent. Meanwhile, bonds maturing on December 15, 2027, and February 15, 2028, held steady at 11.40/55 percent and 11.70/80 percent, respectively. Additionally, a bond set to mature on September 15, 2029, remained unchanged at 11.95/12.05 percent