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Press communiqué - Issue of Treasury Notes

25 February 2010, Bank of Maurirtius
It is hereby notified that the Bank of Mauritius will, on Wednesday 03 March 2010, sell through auction on a yield basis, Treasury Notes, for a total nominal amount of Rs1,200 million, with maturities of 2, 3 and 4 years bearing interest at the rate of 5.50, 5.75 and 6.00 per cent per annum respectively. The other terms and conditions will remain the same as specified in our Prospectus dated 13 September 2005.  
2.  Completed Tender Forms, placed in sealed envelopes marked “Tender for 2-Year Treasury Notes”, “Tender for 3-Year Treasury Notes” or “Tender for 4-Year Treasury Notes”, as the case may be, should be deposited in the tender box at the Banking Hall of the Bank of Mauritius Tower, Cr Royal & Bourbon Streets, Port Louis, before 10.00 a.m. on Wednesday 03 March 2010. Applications
received after the prescribed time and date will not be considered. The aggregate amount of bids submitted by any eligible bidder should not exceed the tender amount.
3. Successful tenderers will be required to effect payment for their accepted bids by 11.00 a.m. on Friday 05 March 2010 at latest.  
4.  Banks may submit their bids through the Reuters Dealing System. 
5. The Bank of Mauritius reserves the right to accept or reject any bid either in full or in part, without assigning any reason in respect thereof.