Inflation ( CCPI)1.5% (Oct 2023)
GDP-3.1% (2Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate15.29%
12M T-Bill Rate12.94%
2Y T-Bond Rate14.45%/ 14.50%
4Y T-Bond Rate14.70% / 14.80%
USD/LKR327/328
Reserves $3.56Bn (Oct 2023)
Cum. Trade Deficit $3,307 Mn (Sep 2023 cumulative)
Cum. Fiscal DeficitLKR 1,614 Bn (Sep 2023)

US Dollar denominated Sri Lanka international bonds slump after U.S. calls for difficult choices over China ties

Interest RatesOct 23, 2020
US Dollar denominated Sri Lanka international bonds slump after U.S. calls for difficult choices over China ties
Sri Lanka’s government bonds fell heavily on Friday after the United States urged the country’s government to make “difficult but necessary choices” regarding its ties with China. On Friday its 2021 and 2022 dollar-denominated bonds dropped 5 cents or more, according to Tradeweb data. Meanwhile, its 2025 and 2026 bonds dropped below the 60 cents on the dollar threshold. “We urge Sri Lanka to make difficult but necessary decisions to secure its economic independence for long-term prosperity,” Thompson added. By Marc Jones Reuters

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