Inflation ( CCPI)1.3% (Sep 2023)
GDP-3.1% (2Q 2023)
Unemployment4.7% (1Q 2023)
3M T-Bill Rate17.42%
12M T-Bill Rate13.30%
2Y T-Bond Rate14.60%/ 15.00%
4Y T-Bond Rate14.50% / 14.90%
USD/LKR322/323
Reserves $3.60Bn (Aug 2023)
Cum. Trade Deficit $2,623 Mn (July 2023 cumulative)
Cum. Fiscal DeficitLKR 1,243 Bn (June 2023)

CBSL is successfully pulling back the Treasury Bill rates at primary auction

Interest RatesJun 8, 2022
CBSL is successfully pulling back the Treasury Bill rates at primary auction
The 91Days T-bills rate fell from 22.75% to 21.91% while 182Days T-bill fell from 23.60% to 22.89%. The 364Days bill also fell from 23.75% to 23.13%. CBSL managed to re-finance its entire T-bill liability on Friday (Market maturity) and refrain from printing more money. Further, CBSL sold LKR 30Bn worth of 364Days T-Bills which is a significant improvement against previous auctions which were not successful in attracting investors for longer tenor maturities.

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