Inflation ( CCPI)54.2% (Jan 2023)
GDP-11.8% (3Q 2022)
Unemployment5.0% (3Q 2022)
3M T-Bill Rate29.91%
12M T-Bill Rate27.72%
5Y T-Bond Rate29.00%
10Y T-Bond Rate30%
USD/LKR360/363
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Reserves $1.89Bn (Dec 2022)
Cum. Trade Deficit $5.2Bn (Dec 2022)
Cum. Fiscal DeficitLKR 1,647Bn (Oct 2022)

T-bill rate fell sizably as CBSL's warned over administrative action to bring down the interest rate

Interest RatesNov 30, 2022
T-bill rate fell sizably as CBSL's warned over administrative action to bring down the interest rate
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T-bill rate fell at the primary auction today 91 days from 32.92% to 32.91%, 182 days from 32.45% to 32.27%, and 364 days from 29.52% to 29.46%. But a large quantum of the funds was raised from 91 days maturity which increases the rolling over risk.

CBSL managed to raise a target LKR 80Bn from the auction leaving out the money printing requirement.

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