Sri Lanka’s rupee strengthened to 292.75/85 against the US dollar on Wednesday, improving from the previous day’s rate of 293.15/20, according to market dealers.
Meanwhile, bond yields showed slight upward movement. An ongoing Treasury bill auction aimed at raising 85,000 million rupees was being closely watched.
A bond maturing on December 15, 2026, was quoted at 10.30/40 percent, slightly down from the previous 10.40/60 percent. However, other bonds saw yields increase:
- The bond maturing on December 15, 2027, was quoted at 11.50/75 percent, up from 11.45/65 percent.
- The bond maturing on February 15, 2028, was quoted at 11.82/87 percent, up from 11.70/85 percent.
- The bond maturing on September 15, 2029, saw a slight increase to 12.05/20 percent from 12.00/20 percent.
In the equities market, Colombo’s All Share Price Index (ASPI) was trading 0.17 percent higher, up by 20.46 points to 12,191. The S&P SL20 Index, which tracks the most liquid stocks, rose by 0.43 percent or 15.33 points to 3,611. The market turnover stood at 824 million rupees.