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Government Pays Out US$50 Million on Treasury Bill to SBI

The Maldives paid out US$50 million (MVR 771 million) to the State Bank of India on a treasury bond issued during the previous administration, with the Minister of Finance confirming the payout last week. The government also announced a T-bill sale worth over MVR 4 billion and issued a Request for Proposals seeking up to US$550 million through loans and treasury securities under its 2024 Annual Borrowing Plan.

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What are the key figures?

Sources 1carried it 1 of 19 news outlets we monitor
Figures7as written, with their sentences

One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.

What happened

in order; days are read from the reports' words and dates
  1. Tue 9 Jan
    The Ministry of Finance issued a Request for Proposals seeking institutional investors to secure up to US$550 million through loans and tre… on Tuesday only Maldives Republic Additionally, the ministry on Tuesday issued a Request for Proposals (RFP) seeking institutional investors to secure up to US$550 million through loans and treasury securities in line with the agency’s 2024 Annual Borrowing Plan (ABP).

    Word for word from the report in Maldives Republic. Open the report

How the reporting differs

one source so far

Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.

Figures in these reports

as written, with the sentence they come from
  • US$50 million (MVR 771 million) Treasury bond payout to SBI Maldives Republic The Maldives has paid out US$50 million (MVR 771 million) to the State Bank of India (SBI) on a Treasury Bond issued during the previous administration.

    Word for word from the report in Maldives Republic. Open the report

  • over MVR 4 billion Total T-bills offered for sale Maldives Republic The administration announced on Tuesday it would offer T-bills worth over MVR 4 billion for sale this Sunday, broken down as MVR 2.3 billion at 3.50 percent interest maturing in 28 days, MVR 263.4 million at 3.8 percent interest with a maturity of three months, MVR 69 million at 4.23 percent maturing in six months and MVR 1.7 billion at 4.60 percent interest with a maturity period of 12 months.

    Word for word from the report in Maldives Republic. Open the report

    Earlier reports gave MVR 2.9 billion 27 Dec, 20:12 Maldives Republic

  • MVR 2.3 billion 28-day T-bill tranche Maldives Republic MVR 2.3 billion at 3.50 percent interest maturing in 28 days

    Word for word from the report in Maldives Republic. Open the report

  • MVR 263.4 million Three-month T-bill tranche Maldives Republic MVR 263.4 million at 3.8 percent interest with a maturity of three months

    Word for word from the report in Maldives Republic. Open the report

  • MVR 69 million Six-month T-bill tranche Maldives Republic MVR 69 million at 4.23 percent maturing in six months

    Word for word from the report in Maldives Republic. Open the report

  • MVR 1.7 billion 12-month T-bill tranche Maldives Republic MVR 1.7 billion at 4.60 percent interest with a maturity period of 12 months

    Word for word from the report in Maldives Republic. Open the report

  • up to US$550 million Funds sought via 2024 Annual Borrowing Plan RFP Maldives Republic Additionally, the ministry on Tuesday issued a Request for Proposals (RFP) seeking institutional investors to secure up to US$550 million through loans and treasury securities in line with the agency’s 2024 Annual Borrowing Plan (ABP).

    Word for word from the report in Maldives Republic. Open the report

Other events named

no clear day, as worded
  • The administration announced it would offer T-bills worth over MVR 4 billion for sale. this Sunday Maldives Republic The administration announced on Tuesday it would offer T-bills worth over MVR 4 billion for sale this Sunday, broken down as MVR 2.3 billion at 3.50 percent interest maturing in 28 days, MVR 263.4 million at 3.8 percent interest with a maturity of three months, MVR 69 million at 4.23 percent maturing in six months and MVR 1.7 billion at 4.60 percent interest with a maturity period of 12 months.

    Word for word from the report in Maldives Republic. Open the report

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