Government Issues T-Bills Worth Over MVR 1.6 Billion

The Ministry of Finance has offered Treasury Bills (T-bills) worth MVR 1.6 billion to cover state expenditure. Denominations include MVR 276.6 million with 28-day maturity, MVR 200 million with 98-day, MVR 289 million with 182-day, and MVR 843 million with 364-day. T-bills are sold to the pension fund, banks, state-owned enterprises, and private companies, with interest rates ranging from 3.50% to 4.60%. They are short-term debt instruments issued at a discount.

The Ministry of Finance has offered Treasury Bills (T-bills) worth MVR 1.6 billion to cover state expenditure. Denominations include MVR 276.6 million with 28-day maturity, MVR 200 million with 98-day, MVR 289 million with 182-day, and MVR 843 million with 364-day. T-bills are sold to the pension fund, banks, state-owned enterprises, and private companies, with interest rates ranging from 3.50% to 4.60%. They are short-term debt instruments issued at a discount.

The Ministry of Finance has offered Treasury Bills (T-bills) worth MVR 1.6 billion to cover state expenditure. Denominations include MVR 276.6 million with 28-day maturity, MVR 200 million with 98-day, MVR 289 million with 182-day, and MVR 843 million with 364-day. T-bills are sold to the pension fund, banks, state-owned enterprises, and private companies, with interest rates ranging from 3.50% to 4.60%. They are short-term debt instruments issued at a discount.

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