MMA defends proposed MVR 2.5B pension bond

9 hours ago

Maldives Monetary Authority (MMA) Governor Ahmed Munawwar has described the proposed MVR 2.5 billion pension fund investment in government bonds as an investment opportunity, and pledged to introduce policy changes to ease liquidity pressure on the market. The transaction, which is still under review, involves the Pension Office proposing to sell existing treasury bills to MMA and reinvest the proceeds into