Inflation ( CCPI)0.5% (Aug 2024)
GDP5.3% (1Q 2024)
Unemployment4.3% (4Q 2023)
3M T-Bill Rate9.99%
12M T-Bill Rate10.07%
2Y T-Bond Rate11.25%/ 11.35%
4Y T-Bond Rate13.10% / 13.25%
USD/LKR300/301
Reserves $5.9Bn (Aug 2024)
Cum. Trade Deficit $2,550 Mn (June 2024 cumulative)
Cum. Fiscal DeficitLKR 599Bn (June 2024)

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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