2.6 C
Sunday, February 5, 2023

Sri Lanka T-bill yield eases; guidance rupee peg weakens 

Must read

ECONOMYNEXT –Yields in Sri Lanka Treasury Bills eased while T- bonds remained steady in active trade on Wednesday with more activity seen after the bill auction, while a guidance peg for interbank transactions announced by Sri Lanka’s central bank weakened by 36 cents, dealers said.

Sri Lanka’s bond market has been waiting for directions on speculations that the authorities would go for local debt restructuring along with foreign debt restructuring.

Yields in three-month T-bills closed at 30.00/32.00 percent, down from Tuesday’s closing of 32.00/33.00 percent.

A bond maturing on 01. 06. 2025 closed at 27.98/28.08 percent, almost steady from 28.00/20 percent on the previous day close.

A bond maturing on 15.05.2031 closed 28.75/29.25 percent down from 28.30/29.00 percent.

Sri Lanka’s central bank’s guidance peg for interbank transactions weakened by 36 cents to 361.81 rupees against the US dollar on Wednesday from 361.45 rupees.

Data showed that commercial banks offered dollars for telegraphic transfers between 368.81 and 370.00 for small transactions.

Banks offered to buy inward remittances at 358.81 -359.00 rupees. (Colombo/ Sep 07/2022)

- Advertisement -spot_img

More articles

0 0 votes
Article Rating
Notify of
Inline Feedbacks
View all comments
- Advertisement -spot_img

Latest article

Would love your thoughts, please comment.x