Inflation ( CCPI)35.3% (April 2023)
GDP-12.4% (4Q 2022)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate25.60%
12M T-Bill Rate22.97%
2Y T-Bond Rate29.25%/ 30.00%
4Y T-Bond Rate27.25% / 27.35%
USD/LKR297/298
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $862Mn (March 2023)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

Sri Lanka sovereign bond yields are stabilizing

Exchange RateMar 27, 2021
Sri Lanka sovereign bond yields are stabilizing
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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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