We worked closely with a Sub-Committee of the Mauritius Bankers Association on Capital Market Development to review the current setup of the Primary Dealer System and identify measures to boost secondary market trading.
We have developed a reference money market rate, to be known as the PLIBOR – Port Louis Inter Bank Offered Rate – which will be used as a benchmark for both money and foreign exchange transactions, including derivatives transactions. BIS central bankers’ speeches  5  27.