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%
USD/LKR297/298
Reserves $2.75Bn (April 2023)
Cum. Trade Deficit $1,443Mn (April 2023 cumulative)
Cum. Fiscal DeficitLKR 2,300 Bn (Dec 2022)

Interest rates at Primary auction continue to decline in third consecutive week

Interest RatesAug 3, 2022
Interest rates at Primary auction continue to decline in third consecutive week
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The 91Days Bill rate fell from 28.86% to 27.72%, 182Days bill rate fell from 29.24% to 28.97% while 364days Bill rate also fell from 29.53% to 29.19% today. CBSL managed to sell entire targeted amount of LKR 87.5Bn. This will allow to hold the money printing by CBSL as required liability of the CBSL on Friday was LKR 74.3Bn.

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