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)

Outstanding dues for SLDBs & ISBs stand at USD 1,878Mn by end of November

Bank & FinanceDec 29, 2022
Outstanding dues for SLDBs & ISBs stand at USD 1,878Mn by end of November
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In April Sri Lanka suspended selected external debts and in May defaulted on the contractual agreements on these commercial borrowings. SLDBs are under domestic debt but issued in dollars and ISBs are external debts issued in dollars. Sri Lanka now has arrears of USD 1,878Mn for ISBs and SLDBs to settle in the future debt restructuring process.

The outstanding ( not yet matured) SLDBs stand at USD 946.2Mn and ISBs stand at USD 11,550Mn as of November 2022. Even though CBSL has said there will not be a domestic debt restructuring, SLDBs are under restructuring as some of the investors are being offered LKR settlement instead of dollar settlement.


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