Skip to content

T-bills matured

Summary of Treasury Bills and Islamic InstrumentsMonthlyRufiyaa (MVR)

Latest
MVR 3.36bn
Jul 2021
On a year earlier
+20.0%
same period last year
2021 to date
MVR 29.31bn
+21.8% on the same stretch of 2020
Trend growth, 10 years
3.7% a year
least-squares fit, R² 0.19

The whole record

Loading chart…

Source: Maldives Monetary Authority; Ministry of Finance and Planning, via the Maldives Monetary Authority statistics database.

What the numbers say

Short term

The latest readings
  • The latest figure is MVR 3.36 billion for Jul 2021, up 20% on the same month a year earlier.
  • In the first 7 months of 2021 the total was MVR 29.31 billion, up 21.8% on the same stretch of 2020.
  • Over the latest 12 months it came to MVR 53.65 billion, up 33.7% on the 12 months before.
  • The change on a year earlier averaged +24.3% over the last three months, against +39.0% in the three months before: the year-on-year pace has eased.
  • No figure has been published for any period after Jul 2021, so this may be a discontinued or long-delayed series.

Long term

The record as a whole
  • Trend growth over the past 10 years is 3.7% a year (least-squares fit on the logarithm; R² 0.19, a loose fit: the series has not followed a steady path, and this rate says little).
  • Measured end to end, compound growth is 13.4% a year over five years and 11.6% a year over ten, on 12-month totals.
  • The record high (12-month total) was MVR 54.79 billion in the year to May 2021; the latest is 2.1% below it.
  • Year-on-year growth has typically varied by about 40.4 percentage points (one standard deviation) over the past five years.
  • There is a regular seasonal pattern: over the last 5 full years the high point has been August and the low point July. Compare each month with the same one a year earlier, not with the one before.

How to read this series

Domestic borrowing. Who holds the government’s domestic debt, and the treasury bills issued, repaid and outstanding each month. Treasury bills are short-term borrowing that must be rolled over, so the outstanding amount and its maturity mix show how much refinancing is always due.

  • Shown in current prices (nominal). Part of any long-run rise reflects inflation rather than a larger real amount.
  • A flow: it measures activity during each month, and months add up to an annual total.
  • Recent periods are often revised as fuller data arrive. The version comparison below shows what MMA has changed since this site began keeping copies.

MMA’s note: Value of treasury bills paid back

Terms such as percentage points, flows and stocks, and trend growth are explained in How to read the tracker.

Revisions

This site holds one version of this series so far, first stored on 6 Oct 2026. Each time MMA adds a period or revises a past figure, a new version is kept alongside the old one and the two are charted against each other here.

Stored versions of T-bills matured
VersionStoredMMA updatedCoversAddedRevisedRemoved
1 (current)6 Oct 202615 Sep 2021Sep 2006 – Jul 2021———

Sorted by Version, descending.

All figures

Every period on record, newest first. Sort by any column, filter, copy the table or download it as CSV.

Every observation of T-bills matured
Jul 2021MVR 3.36 billion+20.0%
Jun 2021MVR 4.23 billion−28.7%
May 2021MVR 3.86 billion+81.7%
Apr 2021MVR 4.37 billion+72.3%
Mar 2021MVR 5.01 billion+5.5%
Feb 2021MVR 3.95 billion+39.2%
Jan 2021MVR 4.53 billion+47.3%
Dec 2020MVR 4.21 billion+33.2%
Nov 2020MVR 3.9 billion+16.1%
Oct 2020MVR 4.8 billion+41.8%
Sep 2020MVR 5.39 billion+85.2%
Aug 2020MVR 6.03 billion+86.5%
Jul 2020MVR 2.8 billion+8.3%
Jun 2020MVR 5.93 billion+146.3%
May 2020MVR 2.12 billion−20.2%
Apr 2020MVR 2.53 billion−16.5%
Mar 2020MVR 4.75 billion+153.9%
Feb 2020MVR 2.83 billion−15.5%
Jan 2020MVR 3.08 billion+3.1%
Dec 2019MVR 3.17 billion−0.2%
Nov 2019MVR 3.36 billion−13.6%
Oct 2019MVR 3.39 billion+4.2%
Sep 2019MVR 2.91 billion+64.4%
Aug 2019MVR 3.23 billion−13.5%
Jul 2019MVR 2.59 billion−20.1%
Jun 2019MVR 2.41 billion−6.5%
May 2019MVR 2.66 billion−30.3%
Apr 2019MVR 3.04 billion−11.9%
Mar 2019MVR 1.87 billion−30.6%
Feb 2019MVR 3.35 billion−3.6%

Sorted by Period, descending.

About this series

Source
Maldives Monetary Authority; Ministry of Finance and Planning
Published by
MMA Statistics Database, series 2207
MMA table
Fiscal Sector › Summary of Treasury Bills and Islamic Instruments
Coverage
Sep 2006 to Jul 2021 · 179 observations
MMA updated
15 Sep 2021
Last checked
22 Oct 2026

The analysis is calculated by Good Morning Maldives from the published figures; it describes the data and is not a forecast.