Business & Finance

Mauritius offers 3-year Treasury bond worth 1.4bn rupees

Published January 23, 2015 Updated January 23, 2015 08:31pm

1 min

By Shoaib Ur Rehman

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PORT LOUIS: Mauritius will sell 1.4 billion rupees ($42.88 million) worth of a three-year Treasury bond next week, the central bank said on Friday.

Bank of Mauritius said in a statement it will receive bids on Jan. 28 and auction the bond on the same day. The bank said the bond will carry a coupon rate of 3.10 percent and is due on Dec. 5, 2017.

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