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
Investor sentiment experienced a brief pause following the significant buying momentum observed in recent days, suggesting a period of stabilization ahead of the upcoming Treasury bill auction. In the secondary market, three-month and six-month T-bills were traded at 10.00% and 10.25%, respectively, with limited activity. The T-bill maturing on December 15, 2026, traded at 10.75%.
Sri Lanka’s rupee strengthened on Monday, closing at 304.25/75 against the US dollar, recovering from its previous close of 305.25/306.00 on Friday, according to market dealers. Bond yields also saw a positive rally. A bond maturing on May 1, 2027, ended at 12.70/90 percent, a drop from the previous 12.90/13.10 percent. Similarly, a bond maturing
On Monday, September 9, 2024, Sri Lankan dollar bonds experienced a sharp sell-off, which may attract bargain hunters as investors reassess their positions ahead of the upcoming presidential elections, market experts suggest. According to Bloomberg, the decline in Sri Lankan dollar bonds intensified as investors reduced their exposure due to rising political uncertainties ahead of
DFCC Bank PLC in Sri Lanka is set to launch a senior, rated, 3-year green bond issue to raise Rs 2 billion, with a potential Greenshoe option to increase the amount to Rs 2.5 billion. The subscription list for the green bond issue opens on Thursday, the 12th. The bank will initially issue 20 million
On Monday, the Sri Lankan rupee appreciated, opening at 298.80/299.10 against the US dollar, according to market dealers. This marks a strengthening from its previous close of 299.20/60 on Friday. In the bond market, longer-tenor bonds saw a rise in yields. Notably, the bond maturing on 15th December 2026 was quoted at 11.00/05 percent, a
Sri Lanka’s rupee opened slightly weaker on Wednesday, trading at 300.30/80 against the US dollar, compared to 300.00/30 the previous day, according to market dealers. Meanwhile, bond yields saw a marginal increase. The bond market remained quiet, with active quotes yet to commence. A bond maturing on 1st July 2028 was quoted at 12.60/70%, up
Sri Lanka’s rupee opened weaker on Monday, trading at 299.75/300.50 against the US dollar, according to currency dealers. This follows the rupee’s close at 299.70/300.00 against the greenback on Friday. In the bond market, yields dipped, with a bond maturing on 01.07.2028 quoted at 12.45/55 percent, down from 12.45/60 percent. Meanwhile, a bond maturing on
Sri Lanka’s rupee opened weaker on Wednesday, trading at 299.80/300.20 against the US dollar, according to market dealers. The rupee had closed at 299.60/300.00 on Tuesday following a three-day weekend. Bond yields remained steady with a bond maturing on 15.12.2026 quoted at 11.10/20 percent, up slightly from 11.05/20 percent. Bonds maturing on 01.07.2028 and 15.06.2029
Sri Lanka’s rupee opened stronger at 300.45/60 to the US dollar on Friday, compared to Thursday’s close of 300.80/301.05. Despite this strengthening, the bond market continues to experience volatility due to policy uncertainty, affecting investor interest in longer-term securities. The yields on short-term bills were quoted at 9.75/85 for the 6-month bill and 10.15 percent