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Sri Lankan Rupee Declines as Bond Yields Rise Sharply

FINANCIAL CHRONICLE – On Monday, the Sri Lankan rupee was observed trading at 315.60/80 against the US dollar in the spot next market, marking a decline from the previous closing rate of 314.70/315.00 on Friday, according to market dealers. Meanwhile, bond yields experienced an increase across various maturities.

The bond set to mature on September 15, 2027, finished the day at 8.75/9.00 percent. A bond maturing on May 1, 2028, closed at 9.60/70 percent. Additionally, a bond with a maturity date of December 15, 2029, yielded 9.99/10.00 percent, rising from the prior rate of 9.80/90 percent. The bond maturing on March 15, 2031, also saw an uptick, closing at 10.05/15 percent compared to 10.00/10 percent previously. The bond set to mature on December 15, 2032, ended at 9.50/70 percent. Lastly, the bond maturing on June 1, 2033, was priced at 11.00/10 percent, up from the earlier 10.75/85 percent.

(Colombo/Mar30/2026)


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