Inflation ( CCPI)1.5% (April 2024)
GDP4.5% (4Q 2023)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate8.76%
12M T-Bill Rate9.29%
2Y T-Bond Rate10.00%/ 10.05%
4Y T-Bond Rate10.70% / 10.80%
USD/LKR299/300
Reserves $5.438Bn (April 2024)
Cum. Trade Deficit $1,229 Mn (March 2024 cumulative)
Cum. Fiscal DeficitLKR 2,320 Bn (Dec 2023)

Treasury Bills rates shoot significantly at the first auction after Governor resign

Interest RatesApr 6, 2022
Treasury Bills rates shoot significantly at the first auction after Governor resign
The treasury bill rates increased across all the maturities at primary auction today. 91Days T-Bill rate jumped to 14.12% from 12.92%, 182Days to 15.36% from 12.25%, 364Days to 15.69% from 12.28%. First time after February 2021, CBSL managed to sell over LKR 4Bn 364Days T-bill at the primary auction allowing better borrowing structure for CBSL.

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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.