Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.55%
12M T-Bill Rate10.07%
2Y T-Bond Rate10.55%/ 10.65%
4Y T-Bond Rate11.80% / 11.85%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

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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