Sri Lanka’s rupee strengthened to 300.80/301.05 against the US dollar on Thursday, compared to 301.55/65 on Wednesday, according to market dealers. Concurrently, bond yields saw an increase across various maturities. A bond maturing on 15th December 2026 closed at 10.95/11.10 percent, up from 10.80/11.05 percent. The yield for a bond maturing on 15th December 2027
Sri Lanka’s rupee started weaker against the US dollar, opening at 305.40/60 on Thursday, with bond yields experiencing a decline and stocks initiating 0.17% higher, according to dealers. On Wednesday, the rupee closed at 305.35/55 against the greenback. In the equity market, Colombo’s All Share Price Index began 21.13 points higher at 12,282, while the
The secondary bond market began the week on a positive note, witnessing robust transaction volumes and a continued decline in yields on May 6, 2024. Trading activity primarily focused on the short to medium end of the yield curve, particularly on tenors ranging from 2026 to 2032. Notably, the 15.12.26 maturity attracted significant interest, with