Inflation ( CCPI)-0.5% (Sep 2024)
GDP4.7% (2Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.32%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.37%/ 10.45%
4Y T-Bond Rate11.80% / 11.90%
USD/LKR292/293
Reserves $5.99Bn (Sep 2024)
Cum. Trade Deficit $2,550 Mn (June 2024 cumulative)
Cum. Fiscal DeficitLKR 599Bn (June 2024)

Sri Lanka International sovereign Bond yields shoot-up over 50 pct

Interest RatesAug 27, 2021
Sri Lanka International sovereign Bond yields shoot-up over 50 pct
The yields of short-term ISB of Sri Lanka, maturities on next year have increased over 50% despite Sri Lanka received USD 800mn worth of IMF allocation to improve the reserves towards USD 4Bn. From time to time Sri Lanka ISB comes under pressure as the country slipping towards massive fiscal imbalance.

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