FINANCIAL CHRONICLE – On Tuesday, the Sri Lankan rupee was valued at 332.00/333.50 against the US dollar in the spot market, a slight decline from the previous day’s rate of 331.50/332.00, according to market dealers. Meanwhile, bond yields remained relatively stable.
In terms of telegraphic transfer rates, the Sri Lankan rupee was quoted at 327.00 for purchases and 336.00 for sales against the US dollar.
A bond set to mature on August 1, 2030, closed unchanged at a yield of 12.05/15 percent. Another bond maturing on January 15, 2033, saw a slight increase, closing at 12.30/75 percent, compared to the previous rate of 12.25/50 percent. Additionally, a bond maturing on March 15, 2035, also remained steady at 13.05/15 percent.
Looking ahead, the issuance of treasury bills totaling 140,000 million rupees is scheduled to take place through an auction on June 3.