Ministry launches Treasury Bill sale to raise MVR 1.8bn for budget support
Treasury Bills are sold to manage the government's short-term debt and to raise funds for the budget.
Zunana Zalif | 21 އޯގަސްޓު 2025 | ބުރާސްފަތި 01:09
Maldivian currency notes and coins
The Ministry of Finance and Planning has opened the sale of Treasury Bills totaling MVR 1.81 billion.
The Finance Ministry has announced that the bill sale will take place on 25 August 2025, and payment will be due the following day.
Four categories of bills are set to be sold:
- A 27-day maturity bill of MVR 376.95 million at an interest rate of 3.50 percent,
- A 97-day maturity bill of MVR 418.40 million at a rate of 3.87 percent,
- A 181-day maturity bill of MVR 457.97 million at a rate of 4.23 percent, and
- A 363-day maturity bill of MVR 559.74 million at a rate of 4.60 percent.
Treasury Bills are sold to manage the government's short-term debt and to raise funds for the budget.
According to the ministry, bids for the bills must be submitted on the official form between 8:30am and 11am on the day of the sale. It has also been stated that the full amount must be paid and settled on the following day.
