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)

CBSL sells LKR 90Bn T-Bonds at primary auction

Interest RatesSep 12, 2023
CBSL sells LKR 90Bn T-Bonds at primary auction

In order to settle the coupon liabilities following 15th September, CBSL offered an LKR 90Bn T-bond auction of 3-year and 5-year Bonds. Yields were relatively lower than the previous auctions, but par with the secondary market.

It is learned that EPF has participated in the auction by contributing a substantial amount to the auction. This is the first auction in which EPF has participated after its portfolio has been restructured under DDR.

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