Inflation ( CCPI)35.3% (April 2023)
GDP-12.4% (4Q 2022)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate25.60%
12M T-Bill Rate22.97%
2Y T-Bond Rate29.25%/ 30.00%
4Y T-Bond Rate27.25% / 27.35%
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $862Mn (March 2023)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

Tbill rates were allowed to jumped by 0.09 pct but subscription level still remains below 50 pct

Interest RatesSep 8, 2021
Tbill rates were allowed to jumped by 0.09 pct but subscription level still remains below 50 pct
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CBSL allowed the primary auction T-bill rate to increase by 0.09% by elevating the Cap rate. As a result, 91Days and 364Days T-bill rates moved to 6.01% and 6.05% while 182Days bids were rejected. But the auction was subscribed only by 48% where the majority of the bids were accepted in 91Days bills. Inventors are not yet convinced to buy 364Days bills at the prevailing rate.


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