Inflation ( CCPI)1.5% (April 2024)
GDP4.5% (4Q 2023)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate8.76%
12M T-Bill Rate9.29%
2Y T-Bond Rate10.00%/ 10.05%
4Y T-Bond Rate10.70% / 10.80%
Reserves $5.438Bn (April 2024)
Cum. Trade Deficit $1,229 Mn (March 2024 cumulative)
Cum. Fiscal DeficitLKR 2,320 Bn (Dec 2023)

Massive correction on interest rate pushed T-bill yields up by 0.30 pct to 0.38 pct up

Interest RatesSep 22, 2021
Massive correction on interest rate pushed T-bill yields up by 0.30 pct to 0.38 pct up
At the first auction after CBSL remove the cap rate on the 364Days T-bills, the yield of 91Days jumped from 6.08% to 6.38%, 364Days from 6.12% to 6.50%. But interestingly the CBSL was not able to sell targeted amount of LKR 39.5Bn at this primary auction and end up with only selling LKR 20.2Bn or 51%.


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