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%
Reserves $3.56Bn (Oct 2023)
Cum. Trade Deficit $3,307 Mn (Sep 2023 cumulative)
Cum. Fiscal DeficitLKR 1,614 Bn (Sep 2023)

Short term T-bill rate up while 1Y rate stable ahead of Monetary Policy Meeting

Interest RatesAug 17, 2022
Short term T-bill rate up while 1Y rate stable ahead of Monetary Policy Meeting

91Days T-Bill rate jumped by 1% to 29.44%, which is rising for the second continuous week, while 182Days and 364Days Bills rate remain almost the same at 28.96% and 29.14% respectively.

CBSL manage to sell LKR 60Bn despite it’s liability to settle on Friday to the market participants ( Banks, PDs and other Public) is less than LKR 8Bn. This would allow CBSL to sell down some of their holdings or fund the central treasure without printing more money.


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