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Mauritius: Issuance of Treasury bills to mop up some of the excess liquidity in the monetary system of the country




The Central Bank of Mauritius issues today, Wednesday, March 19, 2014, of the Treasury bills amounting to approximately 1.4 billion rupees *.
 
These obligations at the rate of 4.5% return can be exchanged from January 20, 2017, as indicated in the Le Défi Quotidien newspaper.
 
The Central Bank of Mauritius wants to by this issuance of Treasury blotting the excess liquidity in the monetary system of the country, which stood at the beginning of 2014 to almost 8.1 billion rupees against 3.4 billion in January 2013.
 
* One euro roughly equivalent to 41 rupees



Fabrice François


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