Wednesday March 11, 2020 10:39:12
ECONOMYNEXT- Sri Lanka’s rupee was quoted stronger at 182.30/35 to the US dollar in the spot market on Wednesday while bond yields remained unchanged, dealers said.
The rupee ended at 182.55/65 to the greenback on Tuesday.
In the government securities market, bond flat in moderate trade while 2024 maturities remained the most liquid, dealers said.
Sri Lanka’s debt office is offering 32 billion rupees to be sold at an auction to be held today split in to 9 billion rupees maturing in 3-months, 7 billion rupees maturing in 6-months and 16 billion rupees maturing in 12-months.
The debt office is also issuing 60 billion rupees treasury bonds to be sold in an auction held tomorrow.
Dealers said the rates remained unchanged ahead of the bills auction.
A bond maturing on 15.12.2021 was quoted flat at 8.80/9.00 percent on Wednesday from Tuesday’s close.
A bond maturing on 01.09.2023 was quoted at 9.35/50 percent, falling from 9.40/55 percent at the previous day’s close.
A bond maturing on 15.09.2024 was quoted at 9.60/70 percent, stable from 9.60/65 percent at Tuesday’s close.
A bond maturing on 15.10.2027 was quoted at 9.90/10.05 percent, up from 9.85/10.00 percent.