Finance Minister Mohamed Shafeeq said the Maldives will not default on its US$25 million Sukuk coupon payment due on 8 October, noting the first coupon was paid in March. Official reserves stand at US$395 million, and the government is working on a US$400 million currency swap with the Reserve Bank of India and planning a green bond.
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.
Reserves will be better now. MIRA [Maldives Inland Revenue Authority] collections are also much better than before
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
the Maldives, in addition to next month’s coupon payment, will have to pay US$50 million in 2025 and US$25 million in 2026.
Word for word from the report in Maldives Republic. Open the report
the Maldives, in addition to next month’s coupon payment, will have to pay US$50 million in 2025 and US$25 million in 2026.
Word for word from the report in Maldives Republic. Open the report
According to the latest Maldives Monetary Authority (MMA) figures, the state’s official reserves stand at US$395 million.
Word for word from the report in Maldives Republic. Open the report
is working to facilitate a US$400 million currency swap facility through the Reserve Bank of India (RBI)
Word for word from the report in Maldives Republic. Open the report
The Ibrahim Mohamed Solih administration had listed the US$500 million (approximately MVR 7.7 billion) securities, sold in 2021, on the Abu Dhabi Securities Exchange (ADX)
Word for word from the report in Maldives Republic. Open the report
the first payment of the twice-yearly coupon payment had already been made in March
Word for word from the report in Maldives Republic. Open the report
Matched by the words in headlines, so one may be about something else: check each.
