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Maldives government floats MVR 2.2 Billion in t-bills to fund expenditures
The Maldivian government announced the sale of Treasury bills totaling MVR 2.2 billion to finance its operations, split across 28-, 98-, 182- and 364-day maturities with interest rates ranging from 3.50% to 4.60%. The Ministry of Finance noted the government's history of using T-bills, including a MVR 4.2 billion offering in November 2024 to cover expenditures.
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MVR 2.2 billiontotal T-bills offeredThe Standardthe Maldivian government has announced the sale of Treasury bills (T-bills) totaling MVR 2.2 billion.
Word for word from the report in The Standard. Open the report
MVR 279 million28-day T-bill offeringThe Standard28-day T-bill:
MVR 279 million
Word for word from the report in The Standard. Open the report
MVR 385 million98-day T-bill offeringThe Standard98-day T-bill:
MVR 385 million
Word for word from the report in The Standard. Open the report
MVR 654 million182-day T-bill offeringThe Standard182-day T-bill:
MVR 654 million
Word for word from the report in The Standard. Open the report
MVR 900 million364-day T-bill offeringThe Standard364-day T-bill:
MVR 900 million
Word for word from the report in The Standard. Open the report
3.50% to 4.60%interest rate range on the T-billsThe StandardInterest rates for these instruments range from 3.50% to 4.60%.
Word for word from the report in The Standard. Open the report
Earlier reports gave3.50 percent to 4.60 percent26 Dec, 00:35Maldives Republic3.50 percent to 4.60 percent13 Jun, 20:05Maldives Republic
MVR 4.2 billionT-bills offered to cover expendituresThe StandardMore recently, in November 2024, the government offered T-bills worth MVR 4.2 billion to cover expenditures.
Word for word from the report in The Standard. Open the report
Other events named
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The Maldivian government announced the sale of Treasury bills totaling MVR 2.2 billion to finance its operations.The StandardIn a strategic move to finance its operations, the Maldivian government has announced the sale of Treasury bills (T-bills) totaling MVR 2.2 billion.
Word for word from the report in The Standard. Open the report
The government offered T-bills worth MVR 4.2 billion to cover expenditures.in November 2024The StandardMore recently, in November 2024, the government offered T-bills worth MVR 4.2 billion to cover expenditures.
Word for word from the report in The Standard. Open the report
The T-bill market was opened to private companies to deepen and diversify the investor base.in August 2012The StandardNotably, in August 2012, the T-bill market was opened to private companies to deepen and diversify the investor base.
Word for word from the report in The Standard. Open the report