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%
USD/LKR303/304
Reserves $5.6Bn (June 2024)
Cum. Trade Deficit $2,180 Mn (May 2024 cumulative)
Cum. Fiscal DeficitLKR 361Bn (April 2024)

Interest rates fell across all the T-bill maturities at the first auction after the completion of restructuring superannuation funds

Interest RatesSep 13, 2023
Interest rates fell across all the T-bill maturities at the first auction after the completion of restructuring superannuation funds

CBSL announced the completion of restructuring the superannuation funds as a part of DDR. There was some doubt about the completion of the DDR due to the public agitation over restructuring EPF, which held up the downward trend of the interest rate.

Despite the rate decline in the primary market being marginal, it suggests the risk premium over DDR is expected to eases-off further in time to come.

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