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%
Reserves $3.58Bn (Nov 2023)
Cum. Trade Deficit $3,307 Mn (Sep 2023 cumulative)
Cum. Fiscal DeficitLKR 1,614 Bn (Sep 2023)

Treasury Bill rate spiked once again after rate hike by CBSL

Interest RatesJan 28, 2022
Treasury Bill rate spiked once again after rate hike by CBSL

After the first interest rate hick by CBSL in 2022, investors responded by demanding a higher risk premium at the T-bill auction today. That has resulted in the 91Days Bill increased by 0.14% to 8.63%, 182 days bill by 0.11% to 8.55%, and 364Day by 0.07 to 8.55%.

But CBSL managed to sell a marginally higher volume of 364Days T-bills compared with the last few auctions, where they were not able to sell more than LKR 1,000 Mn.


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