ECONOMYNEXT – Sri Lanka’s rupee was quoted at 309.70/80 to the US dollar Friday morning weaker from 309.65/75 in the spot market Friday while bond yields fell, dealers said despite a spike in bill yields at the last auction. Bill yields corrected upwards last week, after a higher volume than maturing bills was announced. RELATED : Sri Lanka Treasury bill yields rise, 12-month up 16bp Sri Lanka has announced sweeping relief payments for cyclone Ditwah victims, to be paid in cash. A bond maturing on 15.03.2028 was quoted around 9.06/11 percent down from 9.10/18 percent. A bond maturing on 15.09.2029…
Sri Lanka bond yields open down, rupee weaker
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