Govt. offers T-Bills to raise money

The Royal Monetary Authority (RMA) has offered Treasury Bills (T-Bills) worth Nu 3 billion (B) for sale on behalf of the government. T-Bills are a debt instrument issued by the government to mobilise fund from the market and can be negotiated and traded freely in the market. The T-Bills, which have a maturity period of 91 days, are being auctioned ...

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