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%
USD/LKR327/328
Reserves $3.56Bn (Oct 2023)
Cum. Trade Deficit $3,307 Mn (Sep 2023 cumulative)
Cum. Fiscal DeficitLKR 1,614 Bn (Sep 2023)

Sri Lanka prints more money as CBSL only managed to sell 33% of the target amount at T-Bill auction

Bank & FinanceJun 25, 2022
Sri Lanka prints more money as CBSL only managed to sell 33% of the target amount at T-Bill auction
CBSL had to print another LKR 43Bn on Friday, the settlement date of the T-Bill maturities as the T-Bill auction was only able to generate little less than 50% of the money that need to repay to domestic investors. CBSL had to settle LKR 64.6Bn to domestic investors and they only managed to sell LKR 30.8Bn worth of T-bills and the balance had to print and settle by the investors.

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