The Government of the Maldives has announced the issuance of new Treasury Bills (T-Bills) worth a total of over MVR 2.5 billion, inviting subscriptions from investors through the Ministry of Finance and Planning.
According to the invitation published by the Ministry, the sale will take place on 19 October 2025, with settlement due on 20 October. The T-Bills, issued under series TB-2025-020, include maturities ranging from 28 to 364 days with interest rates between 3.5 and 4.6 percent.
The offerings comprise four different maturities: MVR 854 million for 28-day bills at a 3.5 percent rate, MVR 326 million for 98-day bills at 3.87 percent, MVR 722 million for 182-day bills at 4.23 percent, and MVR 627 million for 364-day bills at 4.6 percent.
T-Bills are short-term government debt instruments used to manage liquidity and finance budgetary requirements. They are typically purchased by banks, financial institutions, and state-owned enterprises.
The Ministry noted that subscriptions must be submitted on the official form during the specified sale window and paid in full on the settlement date. Non-compliance with the settlement deadline may result in suspension from future government securities operations.
The issuance comes as part of the government’s regular domestic borrowing strategy aimed at managing short-term financing needs and sustaining fiscal stability.
