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)

Sri Lanka Treasury Bill rate plunged once again at Primary Auction

Interest RatesJul 1, 2020
Sri Lanka Treasury Bill rate plunged once again at Primary Auction
The massive excess liquidity in the money market has sent the risk-free Treasury bill rates to further down as 91 days bill fell from 5.50% to 5.08%, 182 days bill from 5.53% to 5.22%, and 364 days bill from 5.66% to 5.45%. Corporate investors and banks are running to park the money at less risky assets than investing in another financial instrument yet. CBSL has promised to keep the money market with a flood of money until they see banks taking a calculated risk and start extending the credit.

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