Sri Lanka’s T-bond yields rise slightly; rupee guidance peg strengthened 

- economynext.com

ECONOMYNEXT – Yields in Sri Lanka’s risk free treasury bonds rates edged up on Friday while a guidance peg on interbank spot trading strengthened despite shortage for us dollars prevailed in the market, dealers said.

A bond maturing on 01.06.25 closed at 28.00/25 percent, rising from the previous day’s close of 27.55/65 percent. Currency dealers said T-bills were largely not quoted on Friday.

A guidance peg announced by Sri Lanka’s central bank for interbank transactions strengthened 13 cents to 360.80 rupees against the US dollar on Friday from 360.93 rupees on Thursday.

Commercial banks offered dollars for telegraphic transfers at rates between 357.80 and 370.00 for small transactions on August 5, data showed. (Colombo/ Aug 05/2022)

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