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 International Sovereign Bonds gained after announcement of currency SWAP

Interest RatesMar 11, 2021
Sri Lanka International Sovereign Bonds gained after announcement of currency SWAP
Sri Lanka International Sovereign Bonds gained significantly, especially of the short-term bond maturities. Wednesday, Sri Lanka announced a 10 billion yuan (USD 1.54 billion) currency SWAP with China. ISBs that are maturing in 2021 and 2022 gained significantly with the news, easing off the looming default fear.

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