Inflation ( CCPI)1.7% (June 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.55%
12M T-Bill Rate10.07%
2Y T-Bond Rate10.55%/ 10.65%
4Y T-Bond Rate11.80% / 11.85%
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

T-Bill rate increased further as CBSL sold LKR 145Bn at the biggest T-Bill auction in the history

Interest RatesMay 3, 2023
T-Bill rate increased further as CBSL sold LKR 145Bn at the biggest T-Bill auction in the history

T-Bill rates at the primary auction went up for the 4th consecutive week. CBSL had to raise LKR 160Bn, the biggest in history to settle T-bill maturities and the printed money that was used to repay the T-Bond coupon fell due on yesterday. 91Days T-Bill rate has increased by 1.7%, and 364 by 0.77% so far for the last four weeks.


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