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Sri Lankan Rupee Strengthens as Bond Yields Rise

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On Thursday, Sri Lanka’s rupee was quoted at 309.30/35 against the US dollar in the spot market, showing an improvement from the previous day’s rate of 309.35/40, according to market dealers. Concurrently, bond yields experienced slight fluctuations.

A bond maturing on March 15, 2028, was quoted at a yield of 8.95/9.00 percent, a decrease from 8.98/9.04 percent. Meanwhile, a bond with a maturity date of October 15, 2029, was quoted at 9.45/50 percent, slightly rising from 9.45/48 percent. A bond maturing on December 15, 2029, remained quoted at 9.47/52 percent.

The bond maturing on March 1, 2030, saw an increase, being quoted at 9.70/80 percent, up from 9.52/55 percent. A bond maturing on December 15, 2032, was quoted at 10.15/20 percent, while the bond maturing on June 1, 2033, was quoted at 10.40/50 percent, rising from 10.38/44 percent.

The bond maturing on June 15, 2034, held steady at 10.65/70 percent. In contrast, the bond maturing on June 15, 2035, experienced a slight increase, quoted at 10.75/80 percent from 10.73/80 percent. Finally, a bond maturing on July 1, 2037, was quoted at 10.85/90 percent, up from 10.84/88 percent.

The telegraphic transfer rates for the US dollar were quoted at 305.9000 for buying and 312.9000 for selling. For the British pound, the rates were 411.8379 buying and 423.2855 selling. The euro was quoted at 358.4993 for buying and 370.0205 for selling.

On the Colombo Stock Exchange, the All Share Price Index (ASPI) rose by 0.33 percent, or 79.29 points, to reach 23,998.35. Additionally, the S&P SL20 index increased by 0.49 percent, or 33 points, to 6,783.50.

(Colombo/Feb19/2026)


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