FINANCIAL CHRONICLE – On Wednesday, Sri Lanka’s currency, the rupee, was valued at 336.50/75 against the US dollar in the spot market, reflecting a slight increase from the previous day’s rate of 336.35/50, according to market dealers.
The telegraphic transfer rates were reported as follows: for the US dollar, the buying rate was 331.90 and the selling rate was 340.90; for the euro, the buying rate was 375.9509 and the selling rate stood at 389.8679; and for the British pound, the buying rate was 443.1789 while the selling rate was 457.2245.
The government plans to issue Treasury bills amounting to Rs. 140,000 million via an upcoming auction.
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In the bond market, the following rates were noted: a bond maturing on December 15, 2029, was stable at 11.20/30 percent; a bond due on March 1, 2030, was unchanged at 11.35/45 percent; another bond maturing on August 1, 2030, remained flat at 11.55/65 percent; a bond due on October 15, 2030, was quoted at 11.60/65 percent with no change; a bond maturing on October 1, 2032, held steady at 12.05/12 percent; while a bond maturing on November 1, 2033, saw an increase to 12.10/20 percent from the previous 12.00/20 percent. Conversely, a bond maturing on June 15, 2034, decreased to 12.15/30 percent from 12.20/30 percent.
