Sri Lanka’s rupee continued to gain strength, trading at 294.60/75 to the US dollar on Wednesday, improving from the previous day’s 294.75/295.00. Bond yields saw a further dip as well, with notable declines in key maturities.
A bond maturing on 15.12.2027 was quoted at 11.30/40 percent, down from the previous 11.45/60 percent. Similarly, the bond maturing on 15.02.2028 dropped to 11.57/58 percent from 11.75/85 percent. Bonds maturing on 15.06.2029 were also quoted lower at 11.80/85 percent compared to the earlier 11.90/12.10 percent.
In the stock market, Colombo’s All Share Price Index opened slightly lower by 0.04 percent or 5.23 points, standing at 11,987, while the S&P SL20 index of more liquid stocks saw a marginal drop of 0.08 percent or 2.89 points, settling at 3,518. The market turnover reached 967 million rupees.
Additionally, the Central Bank of Sri Lanka announced the ongoing auction of 142,500 million rupees in Treasury bills.