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 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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