Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.14%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.60% / 11.70%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Sri Lanka Sovereign Bond prices loss the ground once again

Interest RatesNov 16, 2021
Sri Lanka Sovereign Bond prices loss the ground once again
Illiquid Sri Lanka Sovereign Bond prices are swinging up and down as investor sentiment varies time to time significantly. Unable to exhibit a credible settlement plan for upcoming SRILAN on January USD 500Mn and July USD 1,000Mn has been key topic even at the budget debate. The budget 2022 has ruled out any new capital market borrowing as ISBs. But Sri Lanka has settled all the external debt payments on time so for its history of the global capital market involvement.

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