Sri Lanka rupee guidance peg, yields in T-bonds little changed ahead of CB policy rates announce...

ECONOMYNEXT – Sri Lanka Central Bank’s guidance peg for interbank transactions edged up slightly on Wednesday (17) while yields on Treasury bills and bonds little changed in dull trade ahead of the central bank’s monetary policy rates on June 18, dealers said.

A bond maturing on 01. 06. 2025 closed at 27.75/90 down from 28.00/28.30 percent on Tuesday, as the yield in the short tenure rose by 101 basis points at the weekly auction.

The three-months bill closed at 29.25/30 percent up from 26.00/27.00 percent at last close.

The 12-month bill closed at 28.30/29.25 percent steady from 28.30/29.30 percent from the previous day’s close.

Sri Lanka’s central bank’s guidance peg for interbank transactions edged up by one cent to 360.96 rupees against the US dollar on Wednesday from 360.97 rupees.

Data showed that commercial banks offered dollars for telegraphic transfers between 367.96 and 370.00 for small transactions.

The central bank will announce its latest key monetary policy rates on Thursday, August 18. (Colombo/ Aug 17/2022)