satya-vratasya - of Mahārāja Bali, who is fixed in truthfulness; satatam - always; dīkṣitasya - of he who was initiated into performing yajña; viśeṣataḥ - specifically; na - not; anṛtam - untruth; bhāṣitum - to speak; śakyam - is able; brahmaṇyasya - to the brahminical culture, or to the brāhmaṇa; dayā-vataḥ - of he who is always kind.

“Our lord, Bali Mahārāja, is always fixed in truthfulness, and this is especially so at present, since he has been initiated into performing a sacrifice. He is always kind and merciful toward the brāhmaṇas, and he cannot at any time speak lies.