The Sri Lankan rupee opened weaker in the spot market on Tuesday, trading at Rs. 300.00/300.20 against the US dollar, slightly down from Monday’s close of Rs. 299.85/300.05, according to market dealers.
At the same time, government bond yields moved higher across several maturities. A bond maturing on 15 October 2028 was quoted at 9.75/9.85 percent, up from the previous 9.75/9.80 percent. The 15 June 2029 bond stood at 10.13/10.16 percent, while the 15 December 2029 bond rose to 10.18/10.22 percent from 10.15/10.20 percent. Meanwhile, the 15 March 2031 bond increased to 10.68/10.72 percent from 10.64/10.70 percent.
Stock market indices showed slight declines during the day’s trading. The All Share Price Index (ASPI) dropped by 0.10 percent, or 16.38 points, closing at 16,381.30. The S&P SL20 Index also fell by 0.08 percent, or 3.81 points, ending at 4,831.23.
In related developments, the Central Bank of Sri Lanka announced the issuance of Rs. 157.5 billion worth of Treasury bills through an auction scheduled for 21 May 2025.