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PORT LOUIS: Mauritius will sell a 20-year Treasury bond worth 1.5 billion rupees ($46 million) next week, the central bank said on Wednesday.

The Bank of Mauritius said in a statement it would receive bids on September 13 and auction the bond on the same day.

It said the coupon rate for the paper, which will mature on Sept.15, 2037, will be set equal to or higher than the lowest accepted yield.

 

Copyright Reuters, 2017

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