Inflation ( CCPI)25.2% (May 2023)
GDP-12.4% (4Q 2022)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate25.65%
12M T-Bill Rate22.91%
2Y T-Bond Rate29.25%/ 30.00%
4Y T-Bond Rate27.25% / 27.35%
USD/LKR297/298
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $1,443Mn (April 2023 cumulative)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

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
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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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