📉 Sri Lanka Rupee Weakens Slightly; Bond Yields Edge Higher

• Exchange Rate Movement: The Sri Lankan rupee closed weaker in the spot market at 331.25/35 against the US dollar, compared to 331.15/25 recorded in the previous session. • Government Bond Market: Yields across primary treasury bond maturities edged upward: • 01.08.2030 bond: Yield rose to 11.40/50% (up from 11.35/40%). • 15.10.2030 bond: Yield rose to 11.50/55% (up from 11.40/45%). • 01.02.2031 bond: Yield rose to 11.55/65% (up from 11.45/50%). • 15.12.2032 bond: Yield rose to 11.80/90% (up from 11.75/85%). • 15.10.2034 bond: Yield rose to 12.25/35% (up from 12.20/30%). • Macro Economic Context: The marginal depreciation of the rupee along with rising secondary market bond yields reflects tighter domestic liquidity conditions and shifting investor sentiment in the government debt market.