Inflation ( CCPI)-2.1% (Nov 2024)
GDP5.5% (3Q 2024)
Unemployment4.5% (1Q 2024)
3M T-Bill Rate8.66%
12M T-Bill Rate9.02%
2Y T-Bond Rate9.40%/ 9.50%
4Y T-Bond Rate10.45% / 10.55%
USD/LKR291/292
Reserves $6.46Bn (Nov 2024)
Cum. Trade Deficit $4,762 Mn (Oct 2024 cumulative)
Cum. Fiscal DeficitLKR 970Bn (Sep 2024 cumulative)

Sri Lanka sovereign bond yields are stabilizing

Exchange RateMar 27, 2021
Sri Lanka sovereign bond yields are stabilizing
The yields of Sri Lanka International Sovereign Bond shoot after COVID hit the prospect of foreign currency inflows and ever-widening fiscal deficit. Recently, the short-term maturities (2021 & 2022) were also jumped as reserves fell dramatically. China's Currency SWAP and other FX loans have eased off the default pressure on short-term maturities as well.

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