FINANCIAL CHRONICLE – On Tuesday, the Sri Lankan rupee was recorded at a rate of 330.15/25 against the US dollar in the spot market, marking a decline from the previous day’s rate of 329.15/35. Bond yields also experienced fluctuations in a dynamic market, according to market dealers.
A bond set to mature on October 15, 2028, was quoted at a yield of 10.45/65 percent. Meanwhile, a bond maturing on December 15, 2029, saw its yield rise to 10.75/90 percent, up from the prior 10.70/85 percent. Additionally, a bond due on August 1, 2030, was quoted at 11.10/20 percent, slightly higher than the previous rate of 11.10/15 percent.
For a bond maturing on June 1, 2033, the yield was quoted at 11.80/90 percent. The bond maturing on November 1, 2033, had a yield of 11.90/12.00 percent, an increase from 11.75/85 percent. Lastly, a bond maturing on October 15, 2034, was quoted at 11.95/12.05 percent, which is up from 11.93/12.00 percent.
In the currency market, the telegraphic transfer rates were as follows: the US dollar was 324.75 for buying and 333.75 for selling; the euro was at 372.2818 for buying and 386.0626 for selling; and the British pound was quoted at 436.9856 for buying and 451.0940 for selling.
On the Colombo Stock Exchange, the All Share Price Index experienced a modest increase of 0.05 percent, or 11.61 points, reaching a total of 21,325.53. The S&P SL20 index also saw a rise of 0.11 percent, equivalent to 6.63 points, bringing it to 6,000.96.
