The Ministry of Finance and Planning has announced a new round of Treasury Bill (T-bill) issuances worth a total of MVR 2.95 billion under series TB-2025-022, inviting investors to subscribe to the short-term government securities.
The sale date is set for 16 November 2025, with settlement scheduled for 17 November 2025. The four T-bill tranches on offer carry maturities ranging from 28 to 364 days, with interest rates between 3.50% and 4.60%.
According to the Ministry, the details of the offer are as follows:
- 28-day T-bill: MVR 1.01 billion at 3.50%, maturing on 15 December 2025.
- 98-day T-bill: MVR 50 million at 3.87%, maturing on 23 February 2026.
- 182-day T-bill: MVR 989.8 million at 4.23%, maturing on 18 May 2026.
- 364-day T-bill: MVR 907.2 million at 4.60%, maturing on 16 November 2026.
Subscriptions must be made using the official form and submitted to the Ministry of Finance and Planning between 8:30 a.m. and 11:00 a.m. on the sale date. Full payment is required on the settlement date to complete the transaction.
Treasury Bills form an integral part of the government’s short-term borrowing strategy, enabling it to manage cash flow and finance immediate fiscal needs. The instruments also provide a secure investment option for banks, state-owned enterprises, and institutional investors seeking low-risk returns.
