The MBA is part of a Working Group (WG) with the Bank of Mauritius, and the Ministry of Finance, on the development of secondary markets for bonds. A first meeting was held virtually on 16 September 2021, comprising representatives of member banks, the Bank of Mauritius, the Ministry of Finance, insurance and pension sectors. Several suggestions were made by the MBA and its members, such as the introduction of a 7-year bond, issuance of USD bonds and Floating Rate Notes, mechanisms to normalise the pricing of bonds and yield in the current low-rate/high-liquidity environment, as well as a market survey.
