Mauritius 5-year Treasury bond yield rises to 4.65pc

PORT LOUIS: Mauritius's five-year Treasury bond's weighted average yield rose to 4.65 percent at auction on Tuesday from 4.07 percent at the last sale on Dec.13, the central bank said.

The Bank of Mauritius sold all the 2 billion rupees worth of the debt it had offered. It received bids worth 4.2 billion rupees, with yields ranging from 4.57 percent to 4.73 percent.

The coupon rate for the paper is 3.94 percent and it is due on December 15, 2022.