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Sri Lankan Rupee Declines as Bond Yields Decrease

FINANCIAL CHRONICLE – On Thursday, the Sri Lankan rupee ended the day trading at 315.85/316.10 against the US dollar in the spot market, marking a decline from the previous day’s rate of 315.55/65, according to market dealers. Meanwhile, bond yields experienced a downward trend.

The yield for a bond set to mature on May 1, 2027 was recorded at 8.75/85 percent. For the bond maturing on July 1, 2028, the yield closed at 9.50/65 percent. A bond with a maturity date of October 15, 2029, concluded at 9.90/95 percent. The yield for a bond maturing on July 1, 2030, fell to 10.10/13 percent from the earlier rate of 10.15/17 percent.

Additionally, the bond maturing on October 1, 2032, closed at 10.60/80 percent, while the bond set to mature on June 1, 2033, had a yield of 10.90/11.00 percent. Lastly, the bond maturing on June 15, 2034, concluded at 11.05/12 percent, a decrease from the previous yield of 11.12/17 percent.


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