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 rates marginally up at weekly primary auction

Interest RatesMar 11, 2020
Sri Lanka Treasury Bill rates marginally up at weekly primary auction
Sri Lanka secondary market yields were under pressure and jumped by 0.20% during volatile market conditions. Funds were rooting back to US looking for a safe haven to avoid uncertainty and risk. The Bank of England has cut UK interest rates from 0.75% to 0.25% at an unscheduled meeting in an emergency move to bolster the economy amid the coronavirus outbreak. Meanwhile, President Trump urged the Federal Reserve to cut interest rates further, as he said the US economy is strong despite fears about the coronavirus outbreak causing a slowdown.

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