PORT LOUIS: The weighted average yield on Mauritius' 91-day, 182-day and 364-day Treasury bills rose at auction on Friday, the central bank said.
The Bank of Mauritius offered a total 900 million rupees ($25.32 million) worth of the three tenors of the debt instruments for sale.
Yield on the 91-day paper rose to 1.80 percent from 1.76 percent a previous sale on Sept. 25.
Investors put bids worth 943 million rupees but the bank sold only 550 million rupees of the debt with yield ranging from 1.73 percent to 3.25 percent.
The 182-day Treasury bills fetched a yield of 2.02 percent higher than the 2.0 percent received at an auction on Sept. 25.
Bids totalled 325 million rupees with yield ranging from 1.99 percent to 2.15 percent.
The bank accepted only 189.6 million rupees in offers.
The central bank said yield on the 364-day bills rose to 3.09 percent from 3.0 percent on Sept. 25.
Total bids reached 275 million rupees with yield ranging from 3.06 percent to 3.25 percent but the bank of Mauritius sold only 160.4 million rupees worth of the paper.
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