Inflation ( CCPI)6.4% (Jan 2024)
GDP1.6% (3Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate9.79%
12M T-Bill Rate10.02%
2Y T-Bond Rate11.05%/ 11.10%
4Y T-Bond Rate12.20% / 12.30%
USD/LKR313/314
Reserves $4.5Bn (Jan 2024)
Cum. Trade Deficit $4,866 Mn (Dec 2023 cumulative)
Cum. Fiscal DeficitLKR 2,020 Bn (Nov 2023)

Yields at primary auction jumped by 0.50 pct to 0.60 pct but not able fully subscribes the entire auction

Interest RatesAug 25, 2021
Yields at primary auction jumped by 0.50 pct to 0.60 pct but not able fully subscribes the entire auction
T-bill yields of 91 days, 182days and 364 days increased by 0.54%,0.56% and 0.60% respectively at the first primary auction held after monetary tightening. But the auction was not able to collect targeted amount of money of LKR 56.5Bn , where it managed to attract only LKR 37.2Bn. Interestingly, CBSL has managed to sell only LKR 200Mn of 364Days Tbills.

Disclaimer

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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.