Yields slip at Mauritius 364-day T-bill sale

PORT LOUIS: The weighted average yield on Mauritian 364-day Treasury bills edged down to 3.96 percent at auction on Friday from 4.00 percent at the last sale, the central bank said.

The Bank of Mauritius accepted bids worth 415 million rupees ($14.3 million) out of a total 500 million rupees on offer. Total bids made amounted to 515 million rupees at rates ranging between 3.90 percent and 4.50 percent.