Mauritius joins the African Development Bank Bloomberg Index

Article Published on April 6, 2021

An attested tool to measure and track African Sovereign Bond Markets, the Bloomberg African Bond Indices (ABABI) aims at deepening the continent’s sovereign local currency bond markets as well as providing reliable benchmark indices to investors. It is administered by the African Bank Development (AfDB) and sources its primary data from the global index provider Bloomberg.

The AfDB has recently announced Mauritius as its latest addition to the ABABI. This inclusion evidences the effort put in by Mauritius to deepen its sovereign bond market. The ABABI further strengthens Mauritius’ position as a reputable International Financing Centre and emphasises the country’s potential as a bond issuer.

Launched in 2015, the Index now comprises of ten participants* following the addition of Mauritius and Morocco.

More details on the inclusion of Mauritius on the ABABI can be accessed at below link:

African Development Bank Bloomberg Index: HERE

* South Africa, Egypt, Nigeria, Kenya, Botswana, Namibia, Ghana, Zambia, Mauritius & Morocco