Treasury Bills

Government Treasury Bills

Call for Tenders for Government Treasury Bills

Treasury Bills of Nu. 4 billion in the name of the Royal Government of Bhutan are offered for sale. The Bills shall be auctioned under Multi-price Method and issued through the Royal Monetary Authority of Bhutan.

Submission of Tenders : Tenders must be submitted in sealed envelope to Banking Director, RMA not later than 9:30 AM on 3rd October, 2017 and tenders shall be irrevocable after submission.

Treasury Bills Serial No

R 288

Auction/Settlement date

October 3, 2017

Days to Maturity


Maturity Date/Settlement Date

January 2, 2018


Nu. 4 billion

Eligibility : Any Bhutanese persons including firms,companies,corporate bodies,financial institutions,trusts etc. can subscribe the Bills.

The Tender forms download

The RMA will have the full discretion to accept or reject any or all the bids either wholly or partially,without assigning any reason.

Treasury Bills Notification can be found on RMA website.

Treasury Bills Auction Calendar FY 2017-18

Auction of the Treasury Bills during the FY 2017-18 shall be held monthly on 1st Tuesday following the 1st Monday of the month. If the scheduled auction date falls on the Government holiday, it will be held on the following Tuesday. The auction of Treasury Bills as notified shall be effective from September 2017 until June 2018.