Treasury bills and islamic instruments

52.27B
Rufiyaa Dec 2025
3.2% vs. previous month
11.9% vs. same month previous year
52.27B
Rufiyaa Q4 2025
8.2% vs. previous quarter
11.9% vs. same quarter previous year
52.27B
Rufiyaa 2025
11.9% vs. previous year
Month
Quarter
Year
Composition of Outstanding treasury bills and Islamic instruments as at December 2025
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Composition of Outstanding treasury bills and Islamic instruments as at Q4 2025
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Composition of Outstanding treasury bills and Islamic instruments as at 2025
Hover over a slice to see the share
Values in Billions (B) of Rufiyaa
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Jan 0.57 0.81 0.74 2.85 4.37 5.03 6.65 8.39 11.16 12.82 14.32 14.05 15.70 19.26 24.91 31.43 36.12 39.88 46.66
Feb 1.01 1.16 1.31 2.92 4.71 5.05 7.53 9.47 11.21 12.81 14.40 14.15 15.30 19.84 25.43 31.68 37.11 40.12 46.75
Mar 0.96 1.34 1.64 2.90 4.87 4.98 7.66 9.25 11.59 13.18 13.80 14.24 16.18 20.63 25.71 31.40 37.09 41.49 48.48
Apr 1.02 1.51 1.69 2.81 5.02 5.41 8.56 9.35 12.02 13.62 13.82 14.22 16.35 21.53 26.36 31.94 37.69 41.60 48.10
May 1.03 1.69 1.98 3.13 4.90 5.50 8.94 10.42 12.03 13.36 13.97 14.33 16.29 21.29 26.91 32.16 38.16 42.87 48.35
Jun 1.12 1.49 2.28 3.13 4.86 5.38 8.46 10.76 12.18 13.50 13.52 14.29 17.01 21.81 26.76 33.61 40.01 43.16 48.94
Jul 1.11 1.14 2.45 3.37 4.99 5.25 8.34 10.57 11.83 13.39 12.98 13.98 16.95 21.89 28.27 33.84 38.34 43.42 49.04
Aug 0.90 1.19 2.37 3.47 4.83 5.32 8.30 10.47 11.89 13.28 12.41 14.13 16.84 22.80 28.78 34.10 37.40 44.95 50.05
Sep 0.06 0.96 0.91 2.79 3.64 4.73 5.12 8.70 10.55 12.52 13.56 12.45 14.23 17.26 22.94 29.13 34.39 39.10 45.93 48.32
Oct 0.42 0.96 0.89 3.05 3.84 4.76 5.12 8.47 10.72 13.08 13.62 12.65 14.70 18.37 23.36 29.15 36.24 39.98 46.42 48.96
Nov 0.49 0.67 0.81 3.16 3.81 4.83 5.52 8.72 11.05 12.92 14.16 13.27 14.76 18.59 23.75 29.61 36.96 40.29 46.99 50.65
Dec 0.36 0.54 0.73 2.85 4.04 4.68 6.45 8.19 11.15 12.58 14.46 14.09 15.01 18.96 24.09 30.41 35.60 40.82 46.71 52.27
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Q1 0.96 1.34 1.64 2.90 4.87 4.98 7.66 9.25 11.59 13.18 13.80 14.24 16.18 20.63 25.71 31.40 37.09 41.49 48.48
Q2 1.12 1.49 2.28 3.13 4.86 5.38 8.46 10.76 12.18 13.50 13.52 14.29 17.01 21.81 26.76 33.61 40.01 43.16 48.94
Q3 0.06 0.96 0.91 2.79 3.64 4.73 5.12 8.70 10.55 12.52 13.56 12.45 14.23 17.26 22.94 29.13 34.39 39.10 45.93 48.32
Q4 0.36 0.54 0.73 2.85 4.04 4.68 6.45 8.19 11.15 12.58 14.46 14.09 15.01 18.96 24.09 30.41 35.60 40.82 46.71 52.27
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
0.36 0.54 0.73 2.85 4.04 4.68 6.45 8.19 11.15 12.58 14.46 14.09 15.01 18.96 24.09 30.41 35.60 40.82 46.71 52.27
Notes

Figures represent the face value of treasury bills and Islamic instruments.

Data
ID 2186
Range Sep 2006 - Dec 2025
Frequency Monthly
Sources
Maldives Monetary Authority
Ministry of Finance and Planning

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