“Treasury bills” are securities issued at a discount, redeemed at their face value at
maturity and have maturities of not more than one year. They are direct obligations of the
Government of The Gambia. They are issued under the laws of The Gambia and are
subject to these Conditions and the applicable Notice.
“Sukuk-Al-Salaam (SAS) bills” are securities issued at a discount, redeemed at their
face value at maturity and have maturities of not more than one year. They are direct
obligations of the Government of The Gambia. They are issued under the laws of The
Gambia and are subject to these Conditions, and the applicable Notice.