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 Bond are gaining as yields starts falling

Interest RatesJul 2, 2020
Sri Lanka international Sovereign Bond are gaining as yields starts falling
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 a fresh hope to the bondholders as pressure on the LKR easing off and CBSL managed to become a net buyer of FX last month. CBSL was successful in attracting sufficient investors for recent SLDB auction after five-month indicates momentum may start shifting towards buying ISB of SL soon.

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