Inflation ( CCPI)4.0% (Aug 2023)
GDP-3.1% (2Q 2023)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate18.12%
12M T-Bill Rate13.32%
2Y T-Bond Rate14.60%/ 15.00%
4Y T-Bond Rate14.50% / 14.90%
Reserves $3.60Bn (Aug 2023)
Cum. Trade Deficit $2,623 Mn (July 2023 cumulative)
Cum. Fiscal DeficitLKR 1,243 Bn (June 2023)

CBSL managed to sell 68% of the target volume at one of the biggest T-bond auction

Interest RatesDec 13, 2022
CBSL managed to sell 68% of the target volume at one of the biggest T-bond auction

Approximately LKR 166Bn worth of principal and coupon payments are required to settle on 15th December, when CBSL announced LKR 160Bn T-Bond auction. Record amount bids (LKR 289Bn) were received, but CBSL accepted only LKR 110Bn worth of Bids.

Longer tenor bonds are still attractive as public bids LKR 170Bn for Bond maturing 2026, which is the longest in the auction.


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