Inflation ( CCPI)1.3% (Sep 2023)
GDP-3.1% (2Q 2023)
Unemployment4.7% (1Q 2023)
3M T-Bill Rate17.42%
12M T-Bill Rate13.30%
2Y T-Bond Rate14.60%/ 15.00%
4Y T-Bond Rate14.50% / 14.90%
USD/LKR322/323
Reserves $3.60Bn (Aug 2023)
Cum. Trade Deficit $2,930 Mn (Aug 2023 cumulative)
Cum. Fiscal DeficitLKR 1,243 Bn (June 2023)

Sri Lanka sovereign bond yields back to peaked level

Interest RatesFeb 21, 2021
Sri Lanka sovereign bond yields back to peaked level
Sri Lanka sovereign bond yields has started to rise after Sri Lanka reserves fell below USD 5Bn. That has resulted the bond yields are back to peaked level seen in last year May. The both the bonds that is maturing next year (Jan and July) have surpassed 40% and at deep discount. Sri Lanka adopting a temporary strategy to fixed the issues till country recover the from COVID19 hit.

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