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Sri Lankan Rupee Shows Modest Recovery, Bond Yields Remain Stable

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Sri Lanka’s rupee concluded trading at 311.00/20 against the US dollar in the spot market on Friday, showing a slight improvement from the previous day’s rate of 310.50/311.10, according to market dealers. However, this rate remains considerably weaker compared to 309.20/25 recorded last Friday. Meanwhile, bond yields remained largely stable.

A bond set to mature on December 15, 2026, closed unchanged at 8.20/30 percent. Similarly, a bond maturing on September 15, 2027, also remained steady at 8.40/50 percent.

The bond due to mature on December 15, 2028, saw a slight decrease, closing at 9.20/26 percent from the previous 9.22/28 percent. A bond maturing on December 15, 2029, also experienced a small decline, ending at 9.58/62 percent compared to the earlier 9.60/65 percent.

For the bond maturing on October 1, 2032, there was a minor drop in yield, closing at 10.22/28 percent from 10.20/30 percent. The bond maturing on June 1, 2033, followed a similar trend, closing at 10.48/52 percent, down from 10.50/55 percent.

Meanwhile, the bond set to mature on June 15, 2034, remained unchanged at 10.65/75 percent. In contrast, the bond maturing on June 15, 2035, saw a slight increase, closing at 10.76/80 percent from 10.75/80 percent.

(Colombo/Mar6/2026)


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