Maldives government floats MVR 2.2 Billion in t-bills to fund expenditures

The Maldivian government announced the sale of MVR 2.2 billion in Treasury bills to fund expenditures. The Ministry of Finance detailed offerings: MVR 279 million (28-day), MVR 385 million (98-day), MVR 654 million (182-day), MVR 900 million (364-day) with interest rates from 3.50% to 4.60%. Primary purchasers include the Pension Fund, banks, state-owned enterprises, and private companies. The government has historically used T-bills, opening the market to private companies in August 2012 and offering MVR 4.2 billion in November 2024.

The Maldivian government announced the sale of MVR 2.2 billion in Treasury bills to fund expenditures. The Ministry of Finance detailed offerings: MVR 279 million (28-day), MVR 385 million (98-day), MVR 654 million (182-day), MVR 900 million (364-day) with interest rates from 3.50% to 4.60%. Primary purchasers include the Pension Fund, banks, state-owned enterprises, and private companies. The government has historically used T-bills, opening the market to private companies in August 2012 and offering MVR 4.2 billion in November 2024.

The Maldivian government announced the sale of MVR 2.2 billion in Treasury bills to fund expenditures. The Ministry of Finance detailed offerings: MVR 279 million (28-day), MVR 385 million (98-day), MVR 654 million (182-day), MVR 900 million (364-day) with interest rates from 3.50% to 4.60%. Primary purchasers include the Pension Fund, banks, state-owned enterprises, and private companies. The government has historically used T-bills, opening the market to private companies in August 2012 and offering MVR 4.2 billion in November 2024.

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