Inflation ( CCPI)3.4% (Nov 2023)
GDP-3.1% (2Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate14.67%
12M T-Bill Rate12.88%
2Y T-Bond Rate13.95%/ 14.05%
4Y T-Bond Rate14.20% / 14.30%
USD/LKR327/328
Reserves $3.58Bn (Nov 2023)
Cum. Trade Deficit $3,307 Mn (Sep 2023 cumulative)
Cum. Fiscal DeficitLKR 1,614 Bn (Sep 2023)

Sri Lanka sovereign bond yields are gaining at International Market

Interest RatesJun 5, 2021
Sri Lanka sovereign bond yields are gaining at International Market
Sri Lankan sovereign bonds had a hard time initially with the first COVID19 and it was volatile during the second wave also. The short tenor Bond that is expected to mature on End July was very vulnerable as the reserves of country fell to USD 4Bn at end of the April. But the current yields indicate the bond yield have absorbed initial risk and saturating toward 2nd wave of pre COVID level.

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