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PORT LOUIS: Mauritius will sell a 20-year Treasury bond worth 1.5 billion rupees ($44.05 million) next week, the central bank said on Wednesday.

The Bank of Mauritius said in a statement it would receive bids on May 9 and auction the bond on the same day.

It said the coupon rate for the paper, which will mature on May 11, 2038, will be set equal to or higher than the lowest accepted yield.

Copyright Reuters, 2018
 

 

 

 

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