The government has invited investors to subscribe to a new series of Maldivian Rufiyaa Treasury Bills, offering a combined value exceeding MVR 3.5 billion, as part of its ongoing domestic financing operations.
According to an announcement by the Ministry of Finance and Planning, the issuance under series TB-2026-07 includes four instruments with varying maturities ranging from 28 days to 364 days. The largest portion of the offering is allocated to the 364-day Treasury Bill, with a value of MVR 1.98 billion, carrying an interest rate of 4.60 percent.
Shorter-term instruments include a 28-day bill valued at MVR 1.17 billion with an interest rate of 3.50 percent, alongside a 98-day bill of MVR 169.03 million at 3.87 percent, and a 182-day bill of MVR 225.5 million offering 4.23 percent.
The sale date for the Treasury Bills is set for 5 April 2026, with settlement scheduled for 6 April 2026. Subscriptions must be submitted using the Ministry’s designated forms within specified time windows on the sale date.
The Ministry stated that all subscriptions must comply with the terms outlined in the Treasury Bills prospectus and related rules. Investors are also required to complete full payment by the settlement date, with failure to do so potentially resulting in suspension from future government securities transactions.
The issuance reflects continued reliance on short- to medium-term domestic instruments to manage government liquidity and financing requirements, while providing investment avenues within the local financial market.
