Finance Ministry Invites Bids for MVR 1.81 Billion in Treasury Bills

The Ministry of Finance and Planning has announced the opening of subscriptions for four tranches of Maldivian Rufiyaa (MVR) Treasury Bills, totalling MVR 1.81 billion. The sales will take place on 25 August 2025, with settlement scheduled for the following day.

The offerings include four maturities: a 27-day bill worth MVR 376.95 million at an interest rate of 3.50 percent, a 97-day bill worth MVR 418.40 million at 3.87 percent, a 181-day bill worth MVR 457.97 million at 4.23 percent, and a 363-day bill worth MVR 559.74 million at 4.60 percent.

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Treasury Bills form a key component of the government’s short-term debt management strategy, offering institutional investors a secure instrument while providing the state with liquidity for budgetary needs.

According to the Ministry, subscriptions must be submitted on the official form and delivered between 8:30 am and 11:00 am on the sales date. Full payment is required on the settlement date, with non-compliance risking suspension from future participation in government securities.

The Debt Management Department of the Finance Ministry will oversee the issuance, with details available on the Ministry’s website and through its official contact channels.

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