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 gains after the recent sell-off with the second wave of COVID

Interest RatesNov 16, 2020
Sri Lanka International sovereign bonds gains after the recent sell-off with the second wave of COVID
Sri Lanka International sovereign bond gains (yields fell) after the recent sell-off with the second wave of COVID. The dollar-denominated SL government bonds are at a deep discount compared with similar credit ratings such as Pakistan, Mongolia etc. Sri Lanka’s bond prices rose (yields fell) after the government repaid the one-billion-dollar bond in the first week of October.

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