Business & Finance

Mauritius offers 3-year Treasury bond worth 1.3bn rupees

Published April 21, 2016 Updated April 21, 2016 08:33am

1 min

By Parvez Jabri

PORT LOUIS: Mauritius will sell a three-year Treasury bond worth 1.3 billion rupees ($37.12 million) next week, the central bank said on Thursday.

The Bank of Mauritius said in a statement it would receive bids on April 27 and auction the bond on the same day.

The bond would carry a coupon rate of 3.59 percent and will mature on February 19, 2019, the bank said.

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