Inflation ( CCPI)1.5% (Oct 2023)
GDP-3.1% (2Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate15.29%
12M T-Bill Rate12.94%
2Y T-Bond Rate14.45%/ 14.50%
4Y T-Bond Rate14.70% / 14.80%
USD/LKR327/328
Reserves $3.56Bn (Oct 2023)
Cum. Trade Deficit $3,307 Mn (Sep 2023 cumulative)
Cum. Fiscal DeficitLKR 1,614 Bn (Sep 2023)

Treasury Bill rate jumped while CBSL managed to sell only 70% of offered quantity at the primary auction

Interest RatesDec 29, 2021
Treasury Bill rate jumped while CBSL managed to sell only 70% of offered quantity at the primary auction

At the last T-bill primary auction for 2021, 91Day bills jumped by 0.45% and 182Days bills also increased to 8.33% (highest in 2021), up by 0.23%. 364Days T-bill too jumped by 0.22% to 8.24% as CBSL was managed to sell only LKR 205Mn of 364Day T-bills where they sold LKR 2.1Bn at last auction. The auction was undersubscribed by 30% first time since mid of October 2021.

Disclaimer

Charts represents an assessment of the market environment as of the date indicated and it is subject to change; and is not intended to be a forecast of future events or a guarantee of future results. This information should not be relied upon by the reader as research or investment advice regarding the funds or any issuer or security in particular. The strategies discussed are strictly for illustrative and educational purposes and should not be construed as a recommendation to purchase or sell, or an offer to sell or a solicitation of an offer to buy any security. There is no guarantee that any strategies discussed will be effective.

The information presented does not take into consideration commissions, tax implications, or other transactions costs, which may significantly affect the economic consequences of a given strategy or investment decision. This document contains general information only and does not take into account an individual’s financial circumstances. An assessment should be made as to whether the information is appropriate in individual circumstances and consideration should be given to talking to a financial advisor before making an investment decisions.