Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.55%
12M T-Bill Rate10.07%
2Y T-Bond Rate10.55%/ 10.65%
4Y T-Bond Rate11.80% / 11.85%
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Short term interest rates is rising but CBSL not allowed longer end to move

Interest RatesOct 27, 2021
Short term interest rates is rising but CBSL not allowed longer end to move
The 91Days T-Bill rate moved to 8.43% from 8.39% the previous week and 364Days T-Bill marginally increased to 8.18% from 8.17% at today's primary auction. Over 200Bn bids were received by CBSL for the auctions, the majority for 91days Bills. CBSL has not been able to collect above 160Mn for longer tenor during last four auctions. The downslope yield curve for T-bills to continue.


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