Maldives Repays $150 Million SBI Treasury Bill Facility 🇲🇻🇮🇳 |

Question: Which neighbouring country recently completed the repayment of a USD 150 million Treasury bill facility subscribed by the State Bank of India, where India absorbed the entire five-year interest cost of nearly USD 45 million?

✅ Answer: Maldives 🇲🇻

The Maldives has fully repaid the USD 150 million Treasury bill facility subscribed by the State Bank of India (SBI). The final USD 50 million tranche was settled on 17 September 2026, completing repayment of the facility originally subscribed in 2019.

Key Facts:
🇲🇻 Country: Maldives
🏦 Indian institution: State Bank of India (SBI)
💰 Facility: USD 150 million Treasury bills
📅 Original subscription: 2019
💵 Final tranche: USD 50 million
📆 Final repayment: 17 September 2026
🇮🇳 Interest borne by India: Nearly USD 45 million over five years
🔄 The Treasury bills were extended six times, for one year each.

📌 Important for: UPSC | SSC | Banking Exams | Railway | Defence Exams | State PSC | Current Affairs 2026

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