The Government of Maldives on Thursday announced further sale of Treasury Bills (T-Bills) valued at MVR 1.21 billion.
The following were listed as MVR T-Bills to be settled by 1 August 2022.
At present, the state has MVR 62.5 billion in unpaid T-Bills with MVR 2.3 billion due in 1 month, MVR 3.1 billion in three months, MVR 3.4 in six months and MVR 23.8 in one year.
T-Bills are offered for 1 month, 3 month, 6 month and 1 year tenures and are sold at a discount, where each T-Bill carries a face value of MVR 10,000 and all subscriptions for T-Bills are at minimum and multiples of 10 T-Bills.
