Inflation ( CCPI)1.5% (Oct 2023)
GDP-3.1% (2Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate15.29%
12M T-Bill Rate12.94%
2Y T-Bond Rate14.45%/ 14.50%
4Y T-Bond Rate14.70% / 14.80%
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)

Sri Lanka International Sovereign Bond yields are getting pressure

Interest RatesAug 12, 2021
Sri Lanka International Sovereign Bond yields are getting pressure
Sri Lanka settled USD 1Bn for its ISB maturity at the end of July successfully. Prior to the said settlement the yield went sky rocket indicating higher probability of default . The reserves fell to USD 2.8Bn after the settlements and Sri Lanka will have net ISB obligation in January and July 2022 amounted to USD 500Mn and USD 1Bn. Yields have once again illustrating a pressure.

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