Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.14%
12M T-Bill Rate9.95%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.60% / 11.70%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Sri Lanka short term sovereign bond yields are rising

Interest RatesFeb 8, 2021
Sri Lanka short term sovereign bond yields are rising
Sri Lanka short term sovereign bond yields have stat move up while medium to long term is stabilizing. The higher debt to GDP and erosion of the foreign currency inflow has been putting pressure the sovereign bond yields. Sri Lanka has to settle the USD 1Bn on 27th July 2021, USD 500Mn Jan 2022 and USD 1Bn on July 2022.

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