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Sri Lankan Rupee Strengthens as Bond Yields Rise

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Sri Lanka’s rupee closed at 309.35/40 against the US dollar in the spot market on Wednesday, showing an improvement from the previous day’s rate of 309.40/50, according to market dealers. Meanwhile, bond yields experienced slight upward movements.

A bond maturing on December 15, 2026, closed at 8.15/25 percent, a decrease from the prior rate of 8.20/25 percent. The bond maturing on September 15, 2027, remained steady, closing at 8.45/55 percent.

The bond set to mature on March 15, 2028, closed at 8.98/9.04 percent, while the bond maturing on July 1, 2028, saw a slight increase, closing at 9.05/08 percent compared to 9.03/08 percent previously.

A bond maturing on October 15, 2029, finished at 9.45/48 percent. The bond maturing on March 1, 2030, rose to 9.52/55 percent from 9.50/53 percent. Additionally, the bond maturing on March 15, 2031, climbed to 9.72/75 percent from a previous 9.68/72 percent.

The bond with a maturity date of June 1, 2033, increased to 10.38/44 percent from 10.35/40 percent. Furthermore, the bond maturing on June 15, 2034, closed at 10.65/70 percent.

The bond set for maturity on June 15, 2035, saw a rise to 10.73/80 percent, up from 10.70/75 percent. Lastly, the bond maturing on July 1, 2037, closed at 10.84/88 percent.

(Colombo/Feb18/2026)


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