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)

Treasury bill rates are gradually rising but CBSL borrowing crowded towards short term

Interest RatesJul 19, 2021
Treasury bill rates are gradually rising but CBSL borrowing crowded towards short term
CBSL only managed to raise LKR 46.1Bn against LKR 57.3Bn which is maturing on Friday. CBSL has raised LKR 877.5Bn from the primary auctions for this year, out of which 65.5% was raised from 91Days T-bills, 21.2% from 182Days Bills and 13.3% from 364Days Bills. Due to the CBSL Cap rate on 364Days Bill rate is not attractive for investors yet.

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