The Finance Ministry issued treasury bills worth MVR 2.5 billion, the third T-bill issuance of the year, to cover government expenditure. The issues carry maturities of 27, 98, 182 and 364 days with interest rates ranging between 3.50 and 4.60 percent.
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Treasury bills (T-bills) have been issued for the third time this year, this time worth MVR 2.5 billion, to cover government expenditure.
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The T-bills offered by the Finance Ministry include a MVR 1.4 billion issue with a maturity of 27 days
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MVR 90 million with a maturity of 98 days
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MVR 114 million with a maturity of 182 days
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and MVR 952 million with a maturity of 364 days.
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Interest rates on the T-bills, as always, ranged between 3.50 and 4.60 percent.
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Earlier reports gave 3.50 percent to 4.60 percent 5 Feb, 14:55 Maldives Republic3.50 percent to 4.60 percent 15 Nov, 19:25 Maldives Republic
Treasury bills (T-bills) have been issued for the third time this year, this time worth MVR 2.5 billion, to cover government expenditure.
Word for word from the report in Maldives Republic. Open the report