Outstanding securities decreased by three percent in August, says MMA

  • The central bank revealed in its monthly economic review that outstanding securities had dropped to MVR 601.4 million
  • The state’s investment in treasury bills fell by four percent, the review said
  • The review further revealed that outstanding stock of government had increased by five percent this year at the end of August

K. Male' | Shan Anees | 07-September-2017 | Thursday 13:35 | twitter | Business | 893

The central bank Maldives Monetary Authority's headquarters in capital city Malé -- Photo by: google

The state’s total outstanding securities, treasury bills and bonds, have in August decreased by 3 percent, the Maldives Monetary Authority has said.

The central bank revealed in its monthly economic review that outstanding securities had dropped to MVR 601.4 million.

The state’s investment in treasury bills fell by four percent, the review said. This amounts to 539.5 million while investment in treasury bonds fell by one percent, 61.9 million.

The review further revealed that outstanding stock of government had increased by five percent this year at the end of August.

According to the MMA, the outstanding treasury bonds rose by nineteen percent, which is 1.5 billion while outstanding treasury bills fell by three percent, a sum of 409.8 million.



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