Inflation ( CCPI)0.9% (May 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.39%
12M T-Bill Rate9.90%
2Y T-Bond Rate10.10%/ 10.20%
4Y T-Bond Rate11.10% / 11.25%
USD/LKR304/305
Reserves $5.4Bn (May 2024)
Cum. Trade Deficit $1,229 Mn (March 2024 cumulative)
Cum. Fiscal DeficitLKR 2,320 Bn (Dec 2023)

CBSL to sell a recorded amount of T-Bills once again as T-Bond Coupons liabilities emerge

Interest RatesJul 27, 2023
CBSL to sell a recorded amount of T-Bills once again as T-Bond Coupons liabilities emerge

CBSL has offered a record LKR 180Bn amount of T-bills at next week’s auction as the market maturities are mounting along with T-Bond coupons that are falling due on 1st August. CBSL is yet to announce a T-bond auction to raise funds to repay T-bond coupons.

Next CBSL monetary policy is expected to be announced on 24th August, followed by 5th October. Much bigger T-Bond principle maturities close to LKR 220Bn are scheduled to be maturing on 1st September.

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