Sri Lanka rupee opens flat, bond yields lower

On Monday, Sri Lanka’s rupee was quoted at 309.60/75 against the US dollar in the spot market, remaining mostly stable compared to Friday’s rate of 309.65/75. The currency has seen depreciation in recent weeks, according to market dealers. Meanwhile, bond yields exhibited a downward trend at the shorter end of the spectrum.

The bond maturing on December 15, 2029, was quoted at a yield of 9.68/75 percent. For the bond maturing on March 15, 2031, the yield was quoted at 9.95/10.00 percent. The bond set to mature on October 1, 2032, was quoted at 10.30/35 percent, slightly lower from 10.32/35 percent. Additionally, the bond maturing on November 1, 2033, saw a yield of 10.50/55 percent, compared to a prior 10.45/60 percent.

An issuance of Rs 55,000 million in Treasury Bonds is planned for December 30, while an auction for Rs 120,000 million in Treasury bills is expected to take place on December 31.

The telegraphic transfer rates for the US dollar were 306.2500 for buying and 313.2500 for selling. The British pound stood at 412.6791 buying and 424.0409 selling, while the euro was available at 358.6512 buying and 370.0144 selling.

On the Colombo Stock Exchange, the indices showed an upward trend. The All Share Price Index (ASPI) increased by 0.54 percent, equivalent to 118.68 points, closing at 22,187. Meanwhile, the S&P SL20 index rose by 0.43 percent, or 25.75 points, reaching 6,067.

(Colombo/Dec29/2025)