Sri Lanka’s rupee was quoted at 330.15/30 to the US dollar in the spot market on Friday, firmer than the previous day’s 330.30/55, while government bond yields were broadly steady, EconomyNext reported, citing dealers.

Bond quotes

MaturityFridayPrevious
15.10.202810.45/6010.40/60
15.12.202910.80/11.0010.70/80
01.08.203011.10/1511.15/20
15.10.203011.20/25—
01.02.203111.25/3011.25/35
15.10.203411.93/12.0511.95/12.00

The short end firmed: the 2028 bid rose five basis points and the 2029 bid ten. Further out the curve was flat to marginally easier — the 2030 and 2031 maturities both eased at the offer, and the 2034 quote widened on both sides.

A note on the source’s labelling. EconomyNext describes the 01.08.2030 bond as quoted “up from” 11.15/20, but 11.10/15 is below that level, not above. It likewise calls the 2034 move “up from” 11.95/12.00, when the bid fell and only the offer rose — a widening spread rather than a straightforward rise. The figures above are as reported; the directional descriptions are not. EconomyNext’s own text also prints the spot rate once as “33.15/30,” a digit short of the 330.15/30 given in its headline and implied by the previous day’s 330.30/55.

Ahead of Wednesday

Friday’s session was the last before the Central Bank’s fifth monetary policy review of 2026, due on Wednesday 30 September. First Capital Research has put the odds on a hold, with the Overnight Policy Rate at 8.75 percent. Steady yields across the belly of the curve are consistent with a market that is not positioned for a move.

Not reported

EconomyNext gives no traded volumes, no closing rate as distinct from the quoted spread, and no Central Bank intervention figure. No prior quote is given for the 15.10.2030 maturity, so that line cannot be compared.

Sources