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 ISBs maturing in 2022 gained substantially

Interest RatesOct 10, 2021
Sri Lanka ISBs maturing in 2022 gained substantially
The ISBs that are maturing in January 2022 gains significantly as the yields fell from 83% to 48%. Further the ISB yields that is maturing on July 2022 also fell from 56% to 48%. Sri Lanka is expected to settle USD 500Mn in January 2022 and USD 1,000Mn in July 2022 of ISBs but risk of default varies time to time with the development of foreign funding to Sri Lanka.

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