Inflation ( CCPI)3.4% (Nov 2023)
GDP-3.1% (2Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate14.86%
12M T-Bill Rate12.89%
2Y T-Bond Rate14.35%/ 14.50%
4Y T-Bond Rate14.35% / 14.45%
USD/LKR327/328
Reserves $3.56Bn (Oct 2023)
Cum. Trade Deficit $3,307 Mn (Sep 2023 cumulative)
Cum. Fiscal DeficitLKR 1,614 Bn (Sep 2023)

364Days Tbill yield is expect to rise over 6.45 pct after removing the cap at primary auction

Interest RatesSep 21, 2021
364Days Tbill yield is expect to rise over 6.45 pct after removing the cap at primary auction
Sri Lanka's monetary authorities had imposed a cap on the 364Days T-bill rate in order to maintain the low interest rate regime and accommodative monetary policy. But soon after the change of the CBSL governor, the cap was removed and bond market is expected to submit bids for the auction tomorrow. Majority of the market participants and the interesting parties expect the 364Days bill rate will jumped beyond 6.45% from the current weighted average of 6.12%.

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