India extends $50 million budgetary aid to Maldives
Maldives hails India's 'generous crucial budgetary support', aid comes ahead of upcoming Sukuk payments
The Indian aid to the island nation comes amid a potential threat of sukuk default, which would be the world’s first. Maldives has about $500 million in outstanding sukuk debt due in 2026, according to data compiled by Bloomberg.
India extends USD 50 million budgetary support to Maldives for another year
India has extended budgetary support to the Maldives government in the form of a rollover of the USD 50 million Treasury Bill for another year on the Maldivian government's request.
India Extends Financial Support to Maldives with USD 50 Million Treasury Bill Rollover
India has once again extended its financial support to the Maldives by rolling over a USD 50 million Treasury Bill for another year. This de..|News Track
India Extends $50 Million Treasury Bill for Maldives Amid Strengthening Bilateral Ties
India has decided to extend the rollover of a $50 million Treasury Bill (T-bill) for the Maldives for an additional year.
Maldives Thanks India For $50M Budgetary Support: Second Boost This Year
At the request of the Maldivian government, the State Bank of India (SBI) has subscribed the USD 50 million government Treasury Bills.
‘Generous gesture’: India extends $50 million crucial budgetary support to Maldives
India has extended budgetary support to the Maldives by rolling over a USD 50 million Treasury Bill for another year, following a request from the Maldivian government. ;
India decides to rollover $50 million as requested by Maldives
SBI has bought a total of $million in Treasury Bills for $50 million for each one, the Adhadhu news portal reported. Male: In a goodwill gesture, India on Thursday said it has decided to rollover a $50 million Treasury Bill for an additional year upon the request of the Maldives government.
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