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Treasury & Markets

Money Market and Fixed Income

We cater for deposits in MUR as well as foreign currency deposits in major currencies and some African and emerging markets currencies.

All the more, we trade in both sovereign and corporate papers in MUR and hard currencies. As an authorised Primary Dealer by Bank of Mauritius, we actively buy and sell Government of Mauritius Treasury Bills, Notes and Bonds for various tenors on the primary and secondary market.

In addition to competitively-priced short to long-term Government Papers, our Money Market desk also caters for structured liquidity management solutions through repos, swaps, and reverse repos and cross currency repos.

View our latest Local Fixed Income update

November 2023

“We could well see the curve bear steepening with larger moves happening on the longer end of the curve with December being interesting with auctions in several maturities (3yr, and new 7yr and 20yr bonds) setting the shape of the yield curve for the end of the year.”

 

Do get in touch should you require more insight on MUR Government and Corporate bonds.

 

 

Primary Dealing (Sale/Purchase of Government Securities) as at 28 Feb 2024
INDICATIVE YIELDS (%)
Tenor
BID
OFFER
up to 30
3.35
3.20
31-60
3.40
3.25
61-90
3.50
3.35
91-135
3.65
3.50
136-180
3.70
3.55
181-240
3.75
3.60
241-300
3.80
3.65
301-364
3.85
3.70
MU TNOTES/BONDS
Tenor
BID
OFFER
2y
4.10
3.90
3y
4.75
4.55
4y
4.85
4.65
5y
4.95
4.70
10y
5.15
4.90
15y
5.50
5.25
20y
5.80
5.55
  • Features
    Benefits and features
    • Low risk investment
    • Reliable rate of return
    • Earn interest on your placements
    • Easily convertible into cash
  • Specialised team
    Specialised team
  • Fast & reliable service
    Fast & reliable service
  • Accessible & flexible
    Accessible & flexible