Inflation ( CCPI)3.4% (Nov 2023)
GDP-3.1% (2Q 2023)
Unemployment5.2% (2Q 2023)
3M T-Bill Rate14.67%
12M T-Bill Rate12.88%
2Y T-Bond Rate13.95%/ 14.05%
4Y T-Bond Rate14.20% / 14.30%
USD/LKR327/328
Reserves $3.58Bn (Nov 2023)
Cum. Trade Deficit $3,307 Mn (Sep 2023 cumulative)
Cum. Fiscal DeficitLKR 1,614 Bn (Sep 2023)

CBSL sell down it's T-bill holding by LKR 15bn

Bank & FinanceNov 25, 2022
CBSL sell down it's T-bill holding by LKR 15bn

The last bond auction fell short substantially, but CBSL managed to raised additional funds from T-Bill auctions resulted to retire some T-Bill holdings. T-Bill held by CBSL is formally known as money printing that cause long term inflation.

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