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)

Central Bank prints LKR 85Bn to control the interest rate at Primary Auction

Bank & FinanceMay 20, 2022
Central Bank prints LKR 85Bn to control the interest rate at Primary Auction
The Central Bank holdings of the Government Securities have increased by LKR 85Bn on Friday. CBSL rejected a large amount of bids at the primary auction conducted on Wednesday to manage the T-bill rate at the same level. That resulted in printing money at primary auction as CBSL had not received any money from the government to settle the T-bill liability.

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