Treasury Bills

Trading of Government of Mauritius Securities/Bank of Mauritius Bills on the Stock Exchange of Mauritius through Licensed Stock Broking Companies

Government of Mauritius Securities/Bank of Mauritius Bills are currently available to the public either through direct bidding on the primary market or by direct purchase from any one of the four Primary Dealers operating under the Primary Dealer System for Mauritius implemented since 1 February 2002. With a view to widening accessibility of these Bills to the public and increasing the range of investment instruments available, the Bank of Mauritius, with the collaboration of the Stock Exchange of Mauritius and Central Depository and Settlement Co Ltd, has decided to sell these Bills through licensed stockbroking companies on the Stock Exchange of Mauritius.  

Twelve licensed stockbroking companies have been appointed to that effect and sales/purchases orders for Government of Mauritius Securities/Bank of Mauritius Bills may be effected through them.

The purchase of Government of Mauritius Securities/Bank of Mauritius Bills on the Stock Exchange is restricted to Mauritian citizens and is limited to a maximum of 20 units per order (one unit = Rs100,000 nominal).

Details of Government of Mauritius Securities/Bank of Mauritius Bills will be posted on the websites of Stock Exchange of Mauritius and the Bank of Mauritius as and when they would be listed.

The clearing and settlement of transactions effected shall be handled by the Central Depository and Settlement Co Ltd.

Dealings in Government of Mauritius Securities/Bank of Mauritius Bills shall be suspended five business days before the maturity date of the Bills.