Bank of Mauritius will sell Treasury notes worth 1.2 billion rupees in maturities of two-, three- and four-years at an auction next week. The two-year note will carry an annual interest rate of 5.25 percent, while the three-year will have a 5.50 percent interest rate. The four-year note will bear a 5.75 percent interest rate.
Bank of Mauritius said it will receive bids on July 20 and auction the notes on the same day.