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 to re-issue Development Bonds of USD 62 Million

Interest RatesApr 28, 2020
Sri Lanka to re-issue Development Bonds of USD 62 Million
There are USD 61.9Million SLDBs that are maturing next week and CBSL has announced USD 62Mn SLDB auction to roll over the maturities. Both the previous SLDB auctions were undersubscribed as low demand for Sri Lanka dollar-denominated debt papers. Sri Lankan sovereign bonds are also fell for a deep discount before it recovered later. Fitch downgraded Sri Lanka to B- and kept negative outlook and Moody's as kept Sri Lanka on the watch for a possible downgrade.

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