Sri Lankan Rupee Declines as Bond Yields Hold Steady

Sri Lanka’s rupee was quoted at 309.10/30 to the US dollar in the spot market on Monday, slightly depreciating from 309.00/30 the previous day, according to dealers. Bond yields remained broadly steady.

The bond market saw a bond maturing on June 15, 2029, quoted at 9.50/55 percent. Another bond maturing on October 15, 2029, was quoted at 9.60/65 percent, while a bond maturing on December 15, 2029, was quoted at 9.65/70 percent. A bond due on July 1, 2030, was quoted at 9.70/75 percent, a slight decrease from the previous 9.72/75 percent. A bond maturing on March 15, 2031, was quoted at 9.90/10.00 percent. Additionally, a bond maturing on October 1, 2032, was quoted at 10.30/35 percent, down from 10.33/36 percent.

The telegraphic transfer rates for the US dollar stood at 305.7500 for buying and 312.7500 for selling. The British pound was at 409.6281 for buying and 420.9463 for selling, while the euro was quoted at 354.1674 for buying and 365.5556 for selling.

On the Colombo Stock Exchange, the indices were on an upward trend. The All Share Price Index (ASPI) increased by 0.49 percent, or 116.22 points, reaching a level of 23,770. The S&P SL20 index rose by 0.52 percent, or 33.96 points, to close at 6,536.

(Colombo/Jan12/2026)