Inflation ( CCPI)54.2% (Jan 2023)
GDP-11.8% (3Q 2022)
Unemployment5.0% (3Q 2022)
3M T-Bill Rate29.88%
12M T-Bill Rate27.72%
5Y T-Bond Rate29.00%
10Y T-Bond Rate30%
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Reserves $2.12Bn (Jan 2023)
Cum. Trade Deficit $5.2Bn (Dec 2022)
Cum. Fiscal DeficitLKR 1,647Bn (Oct 2022)

Sri Lanka printed more money as it failed to attract required investors for T-Bond sales

Bank & FinanceDec 19, 2022
Sri Lanka printed more money as it failed to attract required investors for T-Bond sales
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CBSL had to settle nearly LKR 160Bn as principal payments as well as interest payments on 15th December. But the T-bond auction failed to raise the entire LKR 160Bn and managed to sell LKR 124Bn. CBSL has printed an additional LKR 64Bn on the settlement date.

Domestic debts are been settled via money printing in the recent period as no other funding sources are available.


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