Sri Lankan Rupee Settles at 319.00/320.00 Against the US Dollar as Bond Yields Remain Stable

FINANCIAL CHRONICLE – The Sri Lankan rupee ended the trading session at a rate of 319.00/320.00 against the US dollar in the spot foreign exchange market, a decline from the previous day’s rate of 318.00/25, according to market participants.

In the context of the foreign exchange market, the rupee experienced depreciation, while the spot FX market remained inactive after the central bank engaged in money creation through swap transactions.

In the secondary bond market, yields remained largely unchanged in anticipation of an upcoming auction for Treasury bills worth 140 billion rupees.

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A bond set to mature on December 15, 2026, maintained its position at a yield of 8.65/75 percent. Similarly, a bond maturing on February 15, 2028, also held steady at 9.45/60 percent. The bond due on December 15, 2028, remained flat at 9.80/90 percent, while another bond maturing on December 15, 2029, saw no change at 10.00/05 percent.

A bond maturing on July 1, 2030, increased slightly to 10.15/20 percent from the previous 10.12/18 percent. Bonds set to mature on October 1, 2032, and November 1, 2033, held steady at 10.65/75 percent and 10.95/11.05 percent, respectively, with the latter experiencing a slight rise from 10.95/11.00 percent. Lastly, a bond maturing on June 1, 2034, remained unchanged at 11.15/17 percent. (Colombo/Apr28/2026)