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)

Sixty two percent of the LKR denominated Bonds are maturing during IMF program period

IMF & Sri LankaMay 19, 2023
Sixty two percent of the LKR denominated Bonds are maturing during IMF program period

Since the DDO / DDR is yet to be announced, the capital market mulls that T-Bonds that are maturing during the IMF program period would be considered for restructuring on a voluntary basis. The outstanding T. bond profile indicates 62% of the T-Bond issued by CBSL is maturing the 2023 to 2027 period.

It amounts to LKR 5.4 Trillion out of the total outstanding Treasury Bond maturities of LKR 8.6 Trillion.


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