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Sri Lankan Rupee Stabilizes as Bond Yields Remain Steady

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On Wednesday, Sri Lanka’s rupee was quoted at 310.95/311.10 against the US dollar in the spot market, a slight change from 310.95/311.05 the previous day, according to dealers. Meanwhile, bond yields remained broadly stable.

A Treasury bill auction worth 130 billion rupees was in progress. The bond market saw varied movements, with a bond maturing on February 15, 2028, quoted at 9.05/10 percent, compared to the previous 9.05/08 percent. The bond set to mature on June 15, 2029, was quoted at 9.40/50 percent. A bond maturing on December 15, 2029, was quoted at 9.55/60 percent.

The bond maturing on March 1, 2030, saw a slight increase, quoted at 9.63/68 percent, up from 9.60/67 percent. In contrast, the bond maturing on October 1, 2032, experienced a slight decrease, quoted at 10.20/25 percent, down from 10.20/27 percent. Additionally, the bond maturing on June 1, 2033, rose to 10.47/53 percent, from 47/52 percent.

Telegraphic transfer rates for the US dollar were 307.5000 for buying and 314.5000 for selling. The British pound was quoted at 412.4211 for buying and 423.7245 for selling, while the euro was at 355.1348 for buying and 366.5542 for selling.

On the Colombo Stock Exchange, the All Share Price Index (ASPI) increased by 0.54 percent, gaining 121.27 points to reach 22,499.79. The S&P SL20 index rose by 0.84 percent, adding 52.85 points to close at 6,333.27.

(Colombo/Mar11/2026)


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