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Friday, October 16 2026
Friday, October 16 2026
MONETABRIEF – Sri Lanka's rupee was quoted at 331.25/35 to the US dollar in the spot market in late morning trade Thursday, after opening around 331.30/30 and bond yields were largely unchanged.
The rupee has weakened from 331.15/25 to the US dollar on Wednesday.
The interbank markets have high levels of excess liquidity, largely created from dollar purchases (monetizing the balance of payments), and if the central bank dishonors the notes and does not exchange them for dollars, when the notes turns into credit driven imports, the rupee will depreciate and consumer prices will go up.
A bond maturing on 15 September 2029 was quoted at 11.00/10 percent, with the offer rate up from yesterday’s close of 11.00/03 percent.
A bond maturing on 15 October 2030 was quoted at 11.40/45 percent, up from yesterday’s close of 11.37/43 percent.
A bond maturing on 1 February 2031 was quoted at 11.45/55 percent, with the offer rate up from yesterday’s close of 11.45/50 percent.
A bond maturing on 1 December 2031 was quoted at 11.65/70 percent, steady from yesterday’s close of 11.65/70 percent.
A bond maturing on 15 December 2032 was quoted at 11.75/85 percent, steady from yesterday’s close of 11.75/85 percent.
A bond maturing on 1 November 2033 was quoted at 11.95/12.05 percent, steady from yesterday’s close of 11.95/12.05 percent. (Colombo/Oct15/2026)
| 3 month bill | 9.26% | 1bp ▲ |
| 12-m bill | 9.95% | 2bp - |
| Gold (Ounce) | $4187 | - ▼ |
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