This is the second rollover granted by the Indian Government this year, following the first rollover of a USD 50 million Treasury Bill on 13 May 2025.
Sputnik India
The Maldives' Ministry of Foreign Affairs has announced that the Government of India has granted a one-year extension to the USD 50 million Treasury Bill, which matured on 18 September 2025, through the State Bank of India, Malé’. This is the second rollover granted by the Indian Government this year, following the first rollover of a USD 50 million Treasury Bill on 13 May 2025.
The Government of the Maldives is highly appreciative of the generous support that the Government of India has been providing to the Maldives in the form of budgetary support. This timely assistance once again demonstrates the high value India places on this enduring partnership. The Government of the Maldives looks forward to continuing this collaborative partnership for the mutual benefit and prosperity of the people of both nations.
A statement was published by the Indian High Commission in the Maldives, noting that the one-year extension was given to the Maldives under a unique government-to-government arrangement as an emergency financial assistance to the Maldives.
Since March 2019, the Government of India has been facilitating subscription of several such Treasury Bills by the SBI and rolling them over, annually, interest-free to the Government of Maldives.
