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 million) worth of the debt instruments.
The yield on the 91-day paper rose to 2.07 percent from 1.91 percent a previous sale on Oct. 9. Investors put bids worth 1.155 billion rupees but the bank sold only 690.6 million rupees of the debt with yield ranging from 1.90 percent to 2.50 percent.
The 182-day Treasury bills fetched a yield of 2.26 percent higher than the 2.15 percent received at an auction on Oct. 9.
Bids totalled 125 million rupees with yield ranging from 2.25 percent to 2.29 percent. The bank accepted only 74.8 million rupees in offers.
The central bank said yield on the 364-day bills rose to 3.14 percent from 3.10 percent on Oct. 9.
Total bids reached 225 million rupees with yield ranging from 3.12 percent to 3.29 percent but the bank of Mauritius sold only 134.6 million rupees worth of the paper.
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