March 14, 2018 / 11:43 AM / 5 months ago

Mauritius to auction three-year bond on March 21

PORT LOUIS, March 14 (Reuters) - Mauritius will offer 1.6 billion rupees ($48.78 million) of a reopened three-year Treasury bond next week, the central bank said on Wednesday.

The bank said it would receive bids on March 21 and auction the bond on the same day. The bond will carry a coupon rate of 3.18 percent and will mature on January 26, 2021, the bank said.

$1 = 32.8000 Mauritius rupees Reporting by Jean Paul Arouff; editing by Elias Biryabarema

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