Business & Finance

Mauritius offers 10-year Treasury bond worth 1.6bn rupees

Published September 2, 2015 Updated September 2, 2015 12:07pm

1 min

By Shoaib Ur Rehman

PORT LOUIS: The Bank of Mauritius said on Wednesday it would auction a 10-year Treasury bond worth 1.6 billion rupees ($45.65 million) on Sep. 9.

The coupon rate would be set equal to, or higher than, the lowest accepted yield at auction, the bank added.

The bond is due on Sep. 11, 2025.

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