PORT LOUIS: Mauritius will sell a three year Treasury bond worth 1.5 billion rupees ($42.34 million) next week, the central bank said on Wednesday.

The Bank of Mauritius said in a statement it would receive bids on September 28 and auction the bond on the same day.

The bond will have a coupon rate of 3.40 percent and will mature on June 24, 2019.

Copyright Reuters, 2016