On May 12, 2025, India renewed a $50 million treasury bill with the Maldives for one more year. This move, facilitated by SBI, offers financial relief to the debt-burdened island nation. It reflects India’s commitment to regional stability, despite recent diplomatic tensions.

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• India rolled over $50M treasury bill on May 12, 2025
• Move supports Maldives facing rising public debt
• Treasury bill issued by Maldivian Finance Ministry
• Executed via State Bank of India (SBI)
• Extension granted for one more year
• Aims to offer short-term economic relief
• Part of India’s Neighbourhood First policy
• Counters rising influence of non-democratic actors
• Signals diplomatic outreach amid strained ties
• Reinforces India’s image as reliable regional partner