FINANCIAL CHRONICLE – On Tuesday, Sri Lanka’s rupee was quoted at 311.0/20 against the US dollar in the spot market, showing an improvement from Monday’s rate of 311.60/90, according to dealers. This appreciation occurred as bond yields decreased, following a decline in global oil prices from Monday’s peak.
The secondary bond market experienced a recovery, aligning with the strengthening rupee and stock market, as geopolitical tensions in West Asia appeared to ease due to US diplomatic signals.
Specific bond yield quotes included:
- A bond maturing on February 15, 2028, was quoted at 9.05/09 percent, down from 9.20/26 percent.
- A bond maturing on December 15, 2028, was quoted at 9.15/25 percent.
- A bond maturing on June 15, 2029, was quoted at 9.45/50 percent.
- A bond maturing on December 15, 2029, was quoted at 9.55/60 percent.
- A bond maturing on March 1, 2030, was quoted at 9.65/70 percent, reduced from 9.78/88 percent.
- A bond maturing on October 1, 2032, was quoted at 10.20/35 percent, down from 10.25/45 percent.
- A bond maturing on June 1, 2033, was quoted at 10.50/55 percent, down from 10.60/70 percent.
The telegraphic transfer rates were as follows: The American dollar was 308.2500 for buying and 315.2500 for selling; the British pound was 413.1176 for buying and 424.4210 for selling; the euro was 355.8664 for buying and 367.2858 for selling.
(Colombo/Mar10/2026)
