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%
Reserves $3.56Bn (Oct 2023)
Cum. Trade Deficit $3,307 Mn (Sep 2023 cumulative)
Cum. Fiscal DeficitLKR 1,614 Bn (Sep 2023)

Sri Lanka CBSL raised USD 152.4Mn at SLDB auction to settle USD 475Mn

Interest RatesMar 16, 2022
Sri Lanka CBSL raised USD 152.4Mn at SLDB auction to settle USD 475Mn

Sri Lanka CBSL announced Doller denominated SLDB auction of USD 50mn and managed to collect USD 152.4Mn while allowing private placement. But there are a series of SLDBs, that were issued previously are maturing on the 16th & 17th of March amounting to USD 475Mn.

CBSL only managed to raised USD 152.4Mn for six month period at the rate of 9.48%, where no investor interest on longer tenors. The borrowing ladder of the CBSL in terms of LKR, as well as USD, seems to be very short-term.


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