Bond Yields Markets

Sri Lankan Rupee Starts Trading on Stronger Footing Against US Dollar at 298.80/299.30

Sri Lanka’s rupee started the week on a stronger note against the US dollar, opening at 298.80/299.30 compared to the previous week’s rate of 299.00/30, according to dealers. Bond yields remained relatively stable during the same period, with a bond maturing on 15.12.2026 quoted at 10.45/50 percent, slightly higher than the previous rate of 10.40/55 percent. Similarly, a bond maturing on 15.09.2027 saw an increase in quotes at 10.75/85 percent from 10.70/85 percent, while a bond maturing on 15.03.2028 experienced a slight decrease in quotes at 11.10/15 percent from 11.15/25 percent.

Meanwhile, the Colombo Stock Exchange opened with positive momentum, with the All Share Price Index rising by 0.11 percent to reach 12,532, and the S&P SL20 showing a slight increase of 0.08 percent to reach 3,733. These indicators suggest a relatively stable and positive start to the week in financial markets, reflecting investor confidence and market resilience amidst ongoing economic developments and global uncertainties. Investors and analysts continue to monitor market trends and economic factors to gauge the overall performance and outlook for Sri Lanka’s financial landscape.

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