Inflation ( CCPI)3.4% (Nov 2023)
GDP-3.1% (2Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate14.67%
12M T-Bill Rate12.88%
2Y T-Bond Rate13.95%/ 14.05%
4Y T-Bond Rate14.20% / 14.30%
USD/LKR327/328
Reserves $3.58Bn (Nov 2023)
Cum. Trade Deficit $3,307 Mn (Sep 2023 cumulative)
Cum. Fiscal DeficitLKR 1,614 Bn (Sep 2023)

T-bill rates fell across all the maturities at primary auction

Interest RatesNov 10, 2021
T-bill rates fell across all the maturities at primary auction
91Days T-bill rate fell by 20 basis points to 7.98% while 182Days bills fell by 9 basis points to 8.12% and 364Days also fell by 7 bps to 8.19% at primary auction. But bids accepted were insignificant for 182Days and 364Days as investors have not seen interest in biding for these two maturities at the current rates. CBSL has continuously rejected accepting bids of these two maturities at rates above 8.26%. This has resulted in CBSL borrowing tenors shorter and shorter.

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