At the Maldives government's request, the State Bank of India rolled over a $50 million Treasury bill issued by the Ministry of Finance for another year after the previous subscription matured on 19 September 2024. It was the second such rollover in 2024, following one in May, both made as emergency financial assistance amid India-Maldives geopolitical tensions.
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the State Bank of India (SBI) has rolled over a $50 million Treasury bill (T-bill) issued by the Ministry of Finance for another year, following the maturity of the previous subscription on 19 September 2024.
Word for word from the report in Maldives Republic. Open the report
with a previous $50 million T-bill rolled over in May 2024 under the same mechanism.
Word for word from the report in Maldives Republic. Open the report
