Additional MVR 5.4 Billion in T-Bills Sold
MIMihaaru – 13 days ago
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The government has sold an additional MVR 5.4 billion in Treasury Bills this year to cover its operational expenses. The total value of T-Bills sold this year has reached MVR 95.7 billion. The government regularly issues T-Bills weekly, with maturities ranging from one month to one year, at interest rates between 3.5% and 4.6%.