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Mauritius offers 15-year Treasury bond worth 1.5bn rupees

Published July 8, 2015 Updated July 8, 2015 12:06pm

1 min

By Shoaib Ur Rehman

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PORT LOUIS: The Bank of Mauritius said on Wednesday it would auction 15-year Treasury bonds worth 1.5 billion rupees ($42.3 million) on July 15.

The bank said in a statement it would receive bids and auction the bond on the same day.

The bond is due on July 17, 2030. The coupon rate for the sale will be set equal to or higher than the lowest accepted yield at the auction, the bank said.

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