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Table 102A (P.Finance, Liabilty, Debt)
Government Debt Market (1999 - 2008)
pf102e
                                           Year                    Item 2000 2001 2002 2003 2004 2005 2006 2007    2008(a)
 Treasury Bills ( Primary Market )
Amount Issued / Sold iRs Mn.j 181,044 248,012 342,674 342,847 469,973 445,769 627,866 817,188 779,576
     Purchased  ^ Central Bank 52,429 119,531 93,848 49,380 135,257 107,909 164,863 222,861 183,727
     ^ Commercial Banks and Others 128,615 128,481 248,826 293,467 334,716 337,860 463,003 594,327 595,849
Weighted AverageiRsjiYear Endj  ^ Worth Treasury BilliRs 100j
3 Months 95.75 96.87 97.57 98.14 98.22 97.53 96.91 94.94 95.85
6 Months 91.79 93.78 95.29 96.48 96.43 95.09 93.99 90.91 91.54
12 Months 84.59 87.92 90.98 93.25 92.89 90.6 88.51 83.36 83.98
Weighted Average i%jiYear Endj
3 Months 17.77 12.92 9.92 7.35 7.25 10.11 12.76 21.3 17.33
6 Months 17.90 13.27 9.89 7.30 7.40 10.32 12.78 19.99 18.49
12 Months 18.22 13.74 9.91 7.24 7.65 10.37 12.98 19.96 19.08
Weighted Average i%jiAveragej
3 Months 12.78 16.11 12.89 9.13 8.46 10.07 10.65 16.61 18.54
6 Months 12.97 17.33 13.04 9.04 8.44 9.40 10.68 16.81 18.45
12 Months 14.23 18.41 13.81 9.02 8.55 9.88 10.89 16.23 18.89
@@Overall Average 13.65 17.41 13.33 9.07 8.49 9.96 10.69 16.57 18.59
Central Bank Secondary Treasury Bill Market @ @ @ @ @ @ @ @ @
Sales (Discounts )@iRs Mn.j 14,948 21,688 46,471 3,037 2,266 36,972     n.a.     n.a.     n.a.
Purchases (Re -discounts ), iRs Mn.j 2,065 764 1,129     n.a. 6,270     n.a.     n.a.     n.a.     n.a.
Outstanding Bills iOwnershipj iRs Mn.j 134,996 170,995 210,995 219,296 243,886 234,174 257,733 307,013 402,600
Central Bank 42,238 64,842 44,923 13,365 78,162 38,951 69,370 44,964 163,584
Commercial Banks 8,368 11,092 28,895 44,637 40,681 39,151 52,805 68,818 87,869
Employees' Provident  Fund 5,430 3,112 2,953 5,198 5,000 5,659 4,793 5,208     n.a.
Other Provident Funds 418          - 816 906 805       n.a. 42 166 55
Savings Institutions 15,417 13,889 22,645 36,534 31,513 39,938 33,456 32,046 20,791
Insurance & Finance Companies 9,641 7,576 9,179 7,742 562 18,034 5,963 8,623 10,988
Department & Other Official Funds 1,480 547 3,040 6,898 9,957 19,574 28,173 29,481 16,431
Other 52,004 69,937 98,544 104,016 77,206 72,867 63,131 117,707 102,882
Treasury BondsiAmount SubscribedjiRs Mn.j 63,425 125,322 47,100 207,123 214,797 229,550 310,148 401,185 488,737
Yield to Maturity, i%j
2 Year Bonds 13.01 16.71 19.82 14.88 10.75 10.62 12.47 15.21 18.95
3 Year Bonds 13.31 15 15.6 14.29 9.69 11.19 10.96 15.36 18.44
4 Year Bonds 13.53 12.52       - 14.54 9.97 11.08 11.01 13.88 17.87
5 Year Bonds 13.78 12.78       - 14.69 10.97 10.83 11.05 15.28 17
6 Year Bonds 13.65 12.88       - 14.83 9.56       - 10.9 15.44       -
10 Year Bonds       -       -       -       - 8.72 11.63       -       -       -
15  Year Bonds       -       -       -       - 9.01       -       -       -       -
20  Year Bonds       -       -       -       - 6.66       -       -       -       -
Rupee Securities
Amount Subscribed iRs Mn.j 22,986 42,211 50,910 38,419 50,363 43,679 23 23,592       -
Rate of Interest,@i%j  12-12.5  11 - 12  13-15 13  8-13  9-11  10-11   10-19       -
Outstanding Securities iOwnership)iRs Mn.j 262,056 265,789 292,813 287,701 248,414 140,562 116,714 129,509 130,008
Commercial Banks 44,068 44,068 44,068 43,981 43,481 41,481 22,088 15,870 15,870
Employees' Provident  Fund 150,661 156,309 177,157 171,609 130,319 56,068 56,068 66,921 68,539
Other Provident Funds 5,813 6,006 6,351 7,019 7,144 6,105 6,132 12,320 12,320
Savings Institutions 50,362 46,377 53,123 51,695 47,906 25,418 20,938 19,938 19,938
Other 11,152 13,029 12,114 13,397 19,564 11,490 11,488 14,460 13,341
© ‚Q‚O11C KRI (Kusaka Research Institute)  Revised:  2011(y)/01(m)/30(d) @ @ @ @ @ @
Source:  Chief Editor:
Central Bank of Sri Lanka @@ Dr. Milton Rajaratne (B.Com., M.Sc., Ph.D.)
Key ;      The Former Head, Department of Management Studies
(a) Žb’è’lƒUƒ“ƒeƒCƒ`      University of Peradeniya, Sri Lanka