Inflation ( CCPI)6.4% (Jan 2024)
GDP1.6% (3Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate9.79%
12M T-Bill Rate10.02%
2Y T-Bond Rate11.05%/ 11.10%
4Y T-Bond Rate12.20% / 12.30%
USD/LKR313/314
Reserves $4.5Bn (Jan 2024)
Cum. Trade Deficit $4,866 Mn (Dec 2023 cumulative)
Cum. Fiscal DeficitLKR 2,020 Bn (Nov 2023)

Sri Lanka Treasury Bill rate fell at Primary auction a day ahead of monetary policy meeting

Interest RatesMar 4, 2020
Sri Lanka Treasury Bill rate fell at Primary auction a day ahead of monetary policy meeting
Sri Lanka Short term Treasury Bill rate fell at the primary auction today 91 Days by 0.01%, 182 Days by 0.07% and 364 Days by 0.08%. CBSL cut the benchmarked interest rate at the last monetary policy meeting to boos the underperforming economy. US Fed also cut the interest rate by 0.50% as the Coronavirus threatening to the Global economy. Many market experts believe having a monetary stimulation is essential to fright back the economic slowdown in 2020. Sri Lanka lending rates have fellen down more than 250 basis point since June last year.

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