From time to time, risk premiums also may be affected by changes in demand and supply driven by legal or regulatory requirements, by exogenous changes in issuance patterns, or by shifting asset preferences for reasons unrelated to changing expectations or attitudes toward risk. To repeat, divergences in risk premiums are not necessarily unusual if looked at from a historical perspective.
Presently, the Bank of Mauritius is working on several initiatives that aim at promoting investment by first-home buyers. Macroprudential measures shall shortly become applicable to credit extended by the banking sector for residential purposes, and these policy measures shall include guidelines towards demarcating credit granted for housing purposes and property investment based on speculation and commercial purposes.