Sri Lankan Rupee Declines as Bond Yields Hold Steady

On Friday, Sri Lanka’s rupee was quoted at 309.50/60 against the US dollar in the spot market, showing a slight decline from Wednesday’s rate of 309.35/50. This depreciation continues a trend observed over recent weeks, according to currency dealers. Meanwhile, bond yields remained largely stable.

A bond set to mature on December 15, 2028, was quoted at a yield of 9.20/30 percent. The bond maturing on June 15, 2029, was quoted at 9.60/70 percent. For the bond maturing on December 15, 2029, the yield rose slightly to 9.70/80 percent, compared to its previous rate of 9.70/72 percent.

The bond with a maturity date of March 1, 2030, was quoted at 9.75/77 percent. Meanwhile, the bond maturing on June 1, 2033, saw a slight decrease in yield, quoted at 10.67/75 percent, down from 10.70/75 percent. Lastly, the bond due on June 15, 2035, experienced a slight increase in yield, quoted at 11.20/22 percent, up from 11.15/19 percent.

(Colombo/Jan16/2026)