{"id":365126,"date":"2026-03-30T01:45:20","date_gmt":"2026-03-30T01:45:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/365126\/"},"modified":"2026-03-30T01:45:20","modified_gmt":"2026-03-30T01:45:20","slug":"sukuk-payment-of-500m-due-in-april-reveals-maldives-debt-woes","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/365126\/","title":{"rendered":"Sukuk payment of $500m due in April reveals Maldives&#8217; debt woes"},"content":{"rendered":"<p><a class=\"ArticleTag_articleTag__P1Zo7\" href=\"https:\/\/asia.nikkei.com\/business\/markets\/bonds\" data-trackable=\"primary-tag\" data-dark-mode=\"false\" rel=\"nofollow noopener\" target=\"_blank\">Bonds<\/a><\/p>\n<p class=\"NewsArticleHeader_newsArticleHeaderSubtitle__ZlvPp\" data-trackable=\"subhead\" data-dark-mode=\"false\">World Bank warned four years ago that payments would be unsustainable by 2026<\/p>\n<p><img decoding=\"async\" class=\"image-main img-fluid ImageNew_imageNewImageResponsive__f1VTu\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/03\/https:\/\/cms-image-bucket-productionv3-ap-northeast-1-a7d2.s3.ap-northeast-1.amazonaws.com\/images\/3\/0.jpeg\" alt=\"20260327 Maldivian currency notes\" width=\"780\" height=\"auto\" loading=\"eager\"\/><\/p>\n<p class=\"NewsArticleCaption_newsArticleCaption__fxo8v\" data-trackable=\"caption\" data-dark-mode=\"false\" style=\"display:block\">The Maldives is said to have held talks with Cargill Financial Services International to borrow about $300 million to settle a $500 million Sukuk maturing in April. (Photo by Yuji Kuronuma)<\/p>\n<p data-dark-mode=\"false\" class=\"Paragraph_paragraph__2p1wC\">MALE &#8212; Maldivian President Mohammed Muizzu is trying to reassure his South Asian nation that it has sufficient foreign reserves to settle a $500 million Sukuk bond, a challenging one-off payment due early April in a country already strapped for dollars and bracing for more pressure on its foreign reserves due to the U.S.-Israeli war on Iran.<\/p>\n","protected":false},"excerpt":{"rendered":"Bonds World Bank warned four years ago that payments would be unsustainable by 2026 The Maldives is said&hellip;\n","protected":false},"author":2,"featured_media":365127,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[105621,56784,114,1575,108046,184,85,46,6607,29229,55141,176044,21927],"class_list":["post-365126","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-500m","tag-april","tag-business","tag-debt","tag-due","tag-economy","tag-il","tag-israel","tag-maldives","tag-payment","tag-reveals","tag-sukuk","tag-woes"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/365126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=365126"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/365126\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/365127"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=365126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=365126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=365126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}