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)

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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