Inflation ( CCPI)0.9% (March 2024)
GDP4.5% (4Q 2023)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.90%
12M T-Bill Rate10.21%
2Y T-Bond Rate10.85%/ 11.00%
4Y T-Bond Rate12.10% / 12.20%
USD/LKR298/299
Reserves $4.951Bn (March 2024)
Cum. Trade Deficit $860 Mn (Feb 2024 cumulative)
Cum. Fiscal DeficitLKR 2,020 Bn (Nov 2023)

Sri Lanka international Sovereign Bonds are gaining as yields falling gradually

Interest RatesJul 12, 2020
Sri Lanka international Sovereign Bonds are gaining as yields falling gradually
Dollar-denominated Sri Lanka international Sovereign Bond lost the ground April and May as bond default loomed due to the rapid deterioration of foreign currency inflow to the country. Controlling imports and the negotiation of bilateral credits have given fresh hope to the bondholders. Further Fin Ministry announced USD 1Bn Repo with FED and higher export earnings in June, estimated to exceed the imports after the first time in many decades have helped to ease pressure on ISD bonds.

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