Inflation ( CCPI)50.6% (Feb 2023)
GDP-12.4% (4Q 2022)
Unemployment5.0% (3Q 2022)
3M T-Bill Rate25.99%
12M T-Bill Rate24.31%
5Y T-Bond Rate27.00%/ 27.25%
10Y T-Bond Rate22.00% / 23.00%
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Reserves $2.22Bn (Feb 2023)
Cum. Trade Deficit $449Mn (Feb 2023)
Cum. Fiscal DeficitLKR 1,601Bn (Nov 2022)

CBSL sold LKR 120Bn at Primary Auction while brining down cost of borrowing by 0.8%

Interest RatesMar 15, 2023
CBSL sold LKR 120Bn at Primary Auction while brining down cost of borrowing by 0.8%
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CBSL sold one of the biggest quantity of the T-Bills (LKR 120Bn) for the second time within seven weeks. The government’s cost of finance fell by 0.8% at the primary auction. 91Day rates jumped from 23.85% to 28.08% on 8th July just after a 1% rate hike.


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