Treasury bills and islamic instruments

53.34B
Rufiyaa Apr 2026
4.3% vs. previous month
10.9% vs. same month previous year
51.14B
Rufiyaa Q1 2026
-2.2% vs. previous quarter
5.5% 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 April 2026
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Composition of Outstanding treasury bills and Islamic instruments as at Q1 2026
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Composition of Outstanding treasury bills and Islamic instruments as at 2025
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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 2026
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 52.25
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 50.80
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 51.14
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 53.34
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 2026
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 51.14
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 - Apr 2026
Frequency Monthly
Sources
Maldives Monetary Authority
Ministry of Finance and Planning

© 2026, Maldives Monetary Authority