The Ministry of Finance issued Treasury Bills amounting to MVR 2 billion to cover government expenditure, with maturities of 36, 92, 182 and 372 days and interest rates ranging from 3.50 to 4.60 percent. According to the Finance Ministry's Annual Borrowing Plan, the state needs to cover a MVR 16.31 billion deficit in 2024.
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The Ministry of Finance has issued Treasury Bills (T-bills) amounting to MVR 2 billion to cover government expenditure.
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Earlier reports gave MVR 4.5 billion 18 May, 23:09 Maldives RepublicMVR 2 billion 2 May, 19:56 Maldives Republic
The T-bills offered by the Finance Ministry include an MVR 1.2 billion maturing in 36 days, MVR 160 million T-bill with a 92-day term
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MVR 160 million T-bill with a 92-day term, MVR 195.2 million with a maturity of 182 days
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MVR 195.2 million with a maturity of 182 days, and an MVR 566 million with a 372-day maturity.
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Earlier reports gave MVR 66 million 2 May, 19:56 Maldives Republic
and an MVR 566 million with a 372-day maturity.
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with interest rates on the bills ranging from 3.50 percent to 4.60 percent.
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Earlier reports gave 3.50 and 4.60 percent 30 May, 19:53 Maldives Republic3.50 percent to 4.60 percent 2 May, 19:56 Maldives Republic
the state will need to cover a MVR 16.31 billion deficit in 2024.
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The 2024 budget projects a MVR 14.08 billion deficit
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Earlier reports gave MVR 14.08 billion 2 May, 19:56 Maldives RepublicMVR 14.08 billion 6 Mar, 19:15 Maldives Republic
the principal repayments of external and domestic debt is set to cost the state an additional MVR 2.23 billion.
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The Ministry of Finance has issued Treasury Bills (T-bills) amounting to MVR 2 billion to cover government expenditure.
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