Between 1991 and 2002, capital from Mauritius accounted for nearly 40% of India’s foreign direct investment. Yet while Indian, and increasingly Chinese, multinationals have used Mauritius for round-tripping purposes, it is also a gateway for those wishing to springboard into Africa.
11 years, 6 months ago
The issue has a final maturity of 15th March 2016, pays a semi-annual coupon of 2.5% and has an issue price of 99.843% to give a spread of + 26.6 basis points over the UST 2% due Jan 2016, equivalent to 4 basis points over mid-swaps.
11 years, 7 months ago