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 ISBs best performance YTD after country secured USD 500mn Chinses Loan

Interest RatesApr 15, 2021
Sri Lanka ISBs best performance YTD after country secured USD 500mn Chinses Loan
Sri Lanka International Sovereign Bonds experienced massive volatility as reserves depleted from time to time and government fiscal status continue to underperform after COVID19 hit the economy. After securing a USD 500Mn loan from China, the yield fell from a historical high as ISBs of SL became best performing YTD as reported by Reuters.

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