Sri Lanka rupee closes stronger, bond yields drop | EconomyNext

Sri Lanka rupee closes stronger, bond yields drop | EconomyNext

Bonds & Forex

An auction of 51,000 million rupees Treasury bonds is set to take place on Thursday (12).

Turnover was 3.35 billion rupees

All offered 90 billion rupees of bills sold.

Rates continued to decline due to bullish momentum

An auction of Rs90,000mn Treasury bills scheduled on Wednesday (11); and an auction of Rs51,000mn bonds on Thursday

Bond yields dropped significantly, dealers said

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An auction of 120,000 million rupees Treasury bills was ongoing.

Foreigners bought over US$21.5mn worth rupee bonds last week

Bringing the total of bonds sold in the week to 185.062 billion

Bond yields closed broadly steady, dealers said.

DFCC Bank will issue 100 million Basel III compliant, subordinated, listed, rated, unsecured, redeemable GSS+ bonds,

After offering 205 billion rupees

Bringing the total of bills sold this week to 137.5 billion rupees.

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