The Maldivian government announced the sale of four T-bills worth a total of MVR 3.2 billion to manage its cashflow. The country's outstanding securities have surpassed MVR 101 billion, including MVR 100 billion in domestic debt.
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According to an announcement by the Finance Ministry on Sunday, the government is selling four T-bills worth total MVR 3.2 billion.
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the government is selling four T-bills worth total MVR 3.2 billion.
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MVR 1.32 billion T-bill at an interest rate of 3.50 percent and maturity period of 28 days
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MVR 70.2 million T-bill at an interest rate of 3.87 percent and maturity period of 98 days
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MVR 50 million T-bill at an interest rate of 4.23 percent and maturity period of 182 days
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MVR 1.76 million T-bill at an interest rate of 4.60 percent and maturity period of 364 days
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Maldivian government currently has MVR 101 billion in outstanding securities, including MVR 100 billion in domestic debt.
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Maldivian government currently has MVR 101 billion in outstanding securities, including MVR 100 billion in domestic debt.
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This includes MVR 40.2 billion due in a year.
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