Bond Yields

Sri Lankan Dollar Bond Sell-Off May Draw Bargain Hunters Amid Election Uncertainty

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

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Bond Yields

Sri Lanka Rupee Opens Weaker at 300.90/301.30 to US Dollar; Bond Yields Stable

Sri Lanka’s rupee opened weaker at 300.90/301.30 against the US dollar on Thursday, according to dealers. The currency closed at 300.20/60 to the greenback the previous day. In the bond market, yields remained stable. Notable bond quotes included: In equities, the Colombo All Share Price Index opened 7.67 points higher at 11,489, while the S&P

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