Inflation ( CCPI)4.0% (Aug 2023)
GDP-3.1% (2Q 2023)
Unemployment4.8% (4Q 2022)
3M T-Bill Rate18.12%
12M T-Bill Rate13.32%
2Y T-Bond Rate14.60%/ 15.00%
4Y T-Bond Rate14.50% / 14.90%
USD/LKR322/323
Reserves $3.60Bn (Aug 2023)
Cum. Trade Deficit $2,623 Mn (July 2023 cumulative)
Cum. Fiscal DeficitLKR 1,243 Bn (June 2023)

Sri Lanka successfully Restructured 94.49% of the SLDBs

IMF & Sri LankaJul 31, 2023
Sri Lanka successfully Restructured 94.49% of the SLDBs

The percentage of the aggregate outstanding principal amount of Eligible SLDB for which valid Offers have been accepted by the Ministry is 97.13% (excluding Eligible Bonds held by Individual Investors) and 94.49% (including Eligible Bonds held by Individual Investors).

Individual Investors should contact their Designated Agent to discuss a resolution for their Eligible Bonds.

On the Settlement Date, the Republic will also pay an amount in LKR to each relevant Eligible Holder equal to (i) past due interest in arrears plus (ii) interest accrued and unpaid, in each case up to (but excluding) the Settlement Date.

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