Fixed Income Desk
Fixed Income Desk
When it comes to Fixed Income Trading, SBM is one of the primary dealers on the Mauritian market and the major market player in this sphere. Whether you want to invest for short term or long term, we provide easy access to a range of tenors in local government securities. We are also active in foreign currency bonds trading and we have a huge network of brokers enabling us to have access to competitive prices.
Local Fixed Income Market
Treasury Bills/Bonds
20-12-2024
| BAND (NO OF DAYS) | BANK BUYS | BANK SELLS | Transaction Amount |
|---|---|---|---|
| T.Bill due on 12th Feb 2025 | 3.38% | 3.23% | 25 x 25 |
| T.Bill due on 03rd Apr 2025 | 3.55% | 3.40% | 25 x 25 |
| T.Bill due on 19th Jun 2025 | 3.80% | 3.65% | 25 x 25 |
| T.Bill due on 24th Nov 2025 | 4.02% | 3.87% | 25 x 25 |
| Description | MATURITY DATE | DAYS TO MAT. | BANK BUYS | BANK SELLS | Transaction Amount |
|---|---|---|---|---|---|
| 2.10% 5 Year Govt Bond | 516 | 4.26% | 4.06% | 25 x 0 | |
| 4.18% 3 Year Govt Note | 1067 | 4.49% | 4.29% | 25 x 25 | |
| 3.78% 5 Year Govt Bond | 1337 | 4.65% | 4.45% | 25 x 3 | |
| 4.95% 7 Year Govt Bond | 2542 | 5.04% | 4.79% | 25 x 25 | |
| 5.28% 15 Year Govt Bond | 5331 | 5.39% | 5.14% | 25 x 15 | |
| 5.10% 20 Year Govt Bond | 7263 | 5.50% | 5.25% | 25 x 25 |
The MUR Credit Linked Notes offer potential coupon payments and capital redemption at maturity linked to the credit worthiness of a reference entity.
Whether you are looking to place your excess funds or secure short-term funding, we can assist with our Repo and Reverse Repo trading services.
International Fixed Income Market
From US Treasuries to other investment grades and high-yield bonds, we can satisfy your investment requirements as per your risk appetite.
The Credit Linked Notes in foreign currencies offer potential coupon payments and capital redemption at maturity linked to the credit worthiness of a reference entity.
Whether you are looking to place your excess funds or secure short-term funding, we can assist with our Repo and Reverse Repo trading services.