Inflation ( CCPI)25.2% (May 2023)
GDP-12.4% (4Q 2022)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate25.65%
12M T-Bill Rate22.91%
2Y T-Bond Rate29.25%/ 30.00%
4Y T-Bond Rate27.25% / 27.35%
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $1,443Mn (April 2023 cumulative)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

Three months T-Bill rates jumped by 11% within the last three weeks

Interest RatesJul 12, 2022
Three months T-Bill rates jumped by 11% within the last three weeks
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91Days T-Bill rate was up from 28.08% to 32.11%, 182Days up from 28.74% to 31.01% and 364Days T-Bill rate up from 28.11% to 29.87% at the primary auction held after a 1% rate hike by CBSL. LKR 49Bn T-Bill was matured within market participants, while CBSL managed to raise LKR 53.7Bn resulting in less requirement for more money printing.


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