Sri Lanka Bond Yields Rise Ahead of Auction; ADB Approves $100 Million Loan
Sri Lanka’s bond yields increased ahead of a 300 billion rupee auction, with dealers noting a rise in yields for bonds maturing in.
Sri Lanka’s bond yields increased ahead of a 300 billion rupee auction, with dealers noting a rise in yields for bonds maturing in.
On Monday, September 9, 2024, Sri Lankan dollar bonds experienced a sharp sell-off, which may attract bargain hunters as investors reassess their positions.
The Colombo Stock Exchange closed lower on Monday, according to data from its site. The broader All Share Index dropped by 1.67 percent,.
Sri Lanka’s Purchasing Managers’ Index for Construction (PMI – Construction) surged to 59.5 in June 2024, marking its highest value in 30 consecutive.