COLOMBO – Sri Lanka rupee closed strong at 184.50/60 to the US dollar on Friday (2) while bond yields marginally down, dealers said.
Sri Lanka’s markets were closed on Thursday (Oct 1) due to Poya holiday.
The rupee closed at 184.90/185.00 against the greenback on Wednesday (Sept 30).
In the secondary securities market, bond yields traded marginally down in moderate market trade, dealers said.
FirstCapital Research said during the early hours of trading buying interest was witnessed across the board whilst the overall market witnessed moderate volumes.
A 2-year bond maturing on 15.12.2022 closed at 5.70/80%, down from 5.85/90% at Wednesday’s closing, while a bond maturing on 15.01.2023 closed at 5.75/95%, falling from 5.85/95% at the last closing and a bond maturing on 15.09.2024 closed at 6.25/40%, easing from 6.42/48% from its previous closing.
A bond maturing on 01.05.2025 closed at 6.50/58%, down from 6.70/80%, a bond maturing on 01.02.2026 closed at 6.85/95%, down from 6.90/7.00% at previous day’s end, while a bond maturing on 15.08.2027 closed at 7.05/15%, down from 7.10/25% and a bond maturing on 01.07.2028 closed at 7.15/35%, down from 7.20/50%.
A 10-year bond maturing on 15.05.2030 closed at 7.35/70%, down from 7.40/50% at Wednesday’s closing.
-economynext.com