Gov’t opens sale of T-Bills worth MVR 2.95bn

The government has announced the sale of Treasury Bills (T-Bills) valued at MVR 2.95 billion to raise debt financing for budgetary expenditures. The sale is being conducted through the Ministry of Finance and Planning.

According to the Finance Ministry’s announcement, the T-Bills will be issued on 16 November 2025, with the payment deadline set for 17 November 2025. Four categories of T-Bills are being offered, with maturity periods ranging from 28 days to 364 days, and interest rates between 3.50 percent and 4.60 percent.

The details of the T-Bills on offer are as follows:

• 28-day T-Bills: MVR 1.01 billion at 3.50 percent, maturing on 15 December 2025
• 98-day T-Bills: MVR 50 million at 3.87 percent, maturing on 23 February 2026
• 182-day T-Bills: MVR 989.8 million at 4.23 percent, maturing on 18 May 2026
• 364-day T-Bills: MVR 907.2 million at 4.60 percent, maturing on 16 November 2026

Interested parties are required to submit subscription forms to the Ministry of Finance and Planning between 8:30am and 11am on the day of sale.