Business & Finance

Mauritius offers 3-year Treasury bond worth 1.8bn rupees

PORT LOUIS: Mauritius will sell a three-year Treasury bond worth 1.

Published January 18, 2017 Updated January 18, 2017 03:39pm

1 min

By Shoaib Ur Rehman

PORT LOUIS: Mauritius will sell a three-year Treasury bond worth 1.8 billion rupees ($50.42 million) next week, the central bank said.

The Bank of Mauritius said in a statement on Wednesday it would receive bids on Jan. 25 and auction the bond on the same day.

It said the bond would carry a coupon rate of 3.15 percent and would mature on Oct. 28, 2019.

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