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 sold all the 1.1 billion rupees ($30.99 million) worth of the debt instruments on offer.
The yield on the 91-day bill rose to 2.20 percent from 2.07 percent a previous sale on Oct. 16.
Investors put bids worth 1.505 billion rupees but the bank sold only 610.9 million rupees of the debt with yield ranging from 2.14 percent to 2.70 percent.
The 182-day Treasury bill fetched a yield of 2.38 percent, higher than the 2.26 percent received at an auction on Oct. 16. Bids totalled 515 million rupees with yields ranging from 2.25 percent to 2.95 percent.
The bank accepted only 209 million rupees in offers.
The central bank said the yield on the 364-day bill rose to 3.20 percent from 3.14 percent on Oct. 16. Total bids reached 690 million rupees with yield ranging from 3.15 percent to 3.39 percent but the bank accepted only 280.1 million rupees worth of the paper.
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