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%
Reserves $3.58Bn (Nov 2023)
Cum. Trade Deficit $3,307 Mn (Sep 2023 cumulative)
Cum. Fiscal DeficitLKR 1,614 Bn (Sep 2023)

Interest rates jumped by 0.30 pct to 0.70 pct, now it is at 16 months high

Interest RatesSep 29, 2021
Interest rates jumped by 0.30 pct to 0.70 pct, now it is at 16 months high
The rates of T-bills across all maturities jumped substantially 91 Days from 6.38% to 6.70%, 182Days 6.27% to 6.99% and 364Days from 6.50% to 7.01%. CBSL offered LKR 51.5Bn to collect LKR 34.4Bn and managed to attract LKR 31.2Bn. The 1Y T-bill rate has elevated 1.68% since CBSL last rate hike. New governor removed the celling placed on primary auction rates and allowed the market to decide the benchmarked T-bill rates.


Charts represents an assessment of the market environment as of the date indicated and it is subject to change; and is not intended to be a forecast of future events or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding the funds or any issuer or security in particular. The strategies discussed are strictly for illustrative and educational purposes and should not be construed as a recommendation to purchase or sell, or an offer to sell or a solicitation of an offer to buy any security. There is no guarantee that any strategies discussed will be effective.

The information presented does not take into consideration commissions, tax implications, or other transactions costs, which may significantly affect the economic consequences of a given strategy or investment decision. This document contains general information only and does not take into account an individual’s financial circumstances. An assessment should be made as to whether the information is appropriate in individual circumstances and consideration should be given to talking to a financial advisor before making an investment decisions.