Inflation ( CCPI)35.3% (April 2023)
GDP-12.4% (4Q 2022)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate25.60%
12M T-Bill Rate22.97%
2Y T-Bond Rate29.25%/ 30.00%
4Y T-Bond Rate27.25% / 27.35%
USD/LKR297/298
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $862Mn (March 2023)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

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
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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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