FINANCIAL CHRONICLE – On Monday, the Sri Lankan rupee strengthened against the US dollar, closing at a rate of 330.75/90 in the spot market, an improvement from the previous day’s rate of 330.75/331.25, as reported by market dealers.
Bond yields remained unchanged for several maturities. A bond set to mature on September 15, 2027, was quoted at 9.85/10.00 percent. The bond maturing on December 15, 2028, also held steady at 10.50/70 percent. Similarly, a bond due on December 15, 2029, closed at 10.85/95 percent.
Meanwhile, a bond maturing on August 1, 2030, saw a slight decline, closing at 11.15/20 percent, down from the previous 11.20/25 percent. The bond maturing on February 1, 2031, remained stable at 11.30/33 percent.
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In other transactions, a bond due on December 15, 2032, decreased to 11.50/55 percent from 11.60/70 percent. A bond maturing on November 1, 2033, also dropped, closing at 11.70/80 percent compared to 11.80/88 percent previously. Lastly, a bond maturing on October 15, 2034, closed at 11.90/12.00 percent, down from 11.95/12.05 percent.
