Sri Lanka rupee guidance rate up by 95 cents; T-bill yields steady at weekly auction
ECONOMYNEXT – The guidance rate for interbank transactions announced by the central bank appreciated by 95 cents to 360.90 on Wednesday from the previous day’s 361.75, commercial banks’ data showed.
The rupee closed at a range between 367-370 against telegraphic transfers, steady from Tuesday close, commercial banks’ data showed.
The daily ‘guidance rate’ for interbank spot transactions was 360.90 to the US dollar +1.00, or – 4.0 rupees.
In the secondary market, only one maturity was active amid dull trade, dealer said.
The bond maturing on 01.06.2025 closed at 21.05/21.35 up from 20.30/21.10 on Tuesday (21).
The debt office sold 19 billion rupees of 3-month bills at 20.73 percent after offering 40 billion rupees at the weekly treasury bill auction.
It also sold 5.7 billion rupees worth of 6-month bills at 21.90 percent, after offering 25 billion rupees, while sold only 5.1 billion rupees worth of 12-month bills at 22.04 percent, after offering 28 billion rupees. Maturities all tenures were steady compared to the last week bond auction.
The debt office offered 93 billion rupees of bills but sold only 30.7 billion rupees. (Colombo/June 22/2022)
