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)

T-Bill rates marginally up ahead of 7th monetary policy meeting

Interest RatesOct 5, 2022
T-Bill rates marginally up ahead of 7th monetary policy meeting
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CBSL managed to sell target LKR 85Bn leavening less requirement for further money printing. 91Days up from 31.94% to 32.34%, 182Days up from 30.59% to 30.61%, while 364Days Bill rate fell from 29.85% to 29.75%. Still, CBSL depends on very short-term borrowings (eg. 3 months T-Bills) opening up the rolling over risk.


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