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.
Sri Lanka Treasury Bill rate fell at Primary auction a day ahead of monetary policy meeting
Interest RatesMar 4, 2020