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PORT LOUIS: The weighted average yield on Mauritius' 182-day Treasury bills dropped to 3.57 percent at auction from 3.63 percent at the previous sale on April 23, the central bank said on Thursday.

The bank sold only 120 million rupees ($4.08 million) worth of bills from the 400 million on offer. Investors had offered bids worth 330 million rupees at yields ranging from 4.20 percent to 3.55 percent.

Copyright Reuters, 2012

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