CBSL prints Rs. 121 b to settle debt obligations

CBSL Treasury bill holdings increased by Rs. 121 billion on 15 March as a result of the settlements of domestic and external debt payments due on that date.

The T-bond settlement fell due on 15 March was partially settled out of the printed money as the T-Bond auction was undersubscribed and CBSL only managed to reissue only Rs. 110 billion to the market at the respective primary auction.

However, CBSL was able to raise an additional Rs. 30 billion issued via T-Bill auction on 17 March to reduce the money printing from Rs. 121 billion to Rs. 98 billion.