Inflation ( CCPI)6.4% (Jan 2024)
GDP1.6% (3Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate9.79%
12M T-Bill Rate10.02%
2Y T-Bond Rate11.05%/ 11.10%
4Y T-Bond Rate12.20% / 12.30%
USD/LKR313/314
Reserves $4.5Bn (Jan 2024)
Cum. Trade Deficit $4,866 Mn (Dec 2023 cumulative)
Cum. Fiscal DeficitLKR 2,020 Bn (Nov 2023)

Sri Lanka T-bill rates up at the start of the new year 2022

Interest RatesJan 5, 2022
Sri Lanka T-bill rates up at the start of the new year 2022

The rates of the Treasury Bill rates rose at the first primary auction held at PDD today, 91Days bills up from 8.16% to 8.26%, and 364Days 8.24% to 8.39% while 182days rate fell from 8.33% to 8.30%. CBSL managed to sell the entire target amount at the auction but the majority of the bids accepted was 91Days LKR 71Bn while 182Days LKR 2.4Bn.

For the second consecutive week, CBSL managed to sell only LKR 998Mn of the 364Days bills. CBSL T-Bill maturities are polarising towards the short end since March 2021

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