Mauritius 273-day T-bills yield falls to 3.37pc

PORT LOUIS: The weighted yield on Mauritius' 273-day Treasury bills fell to 3.37 percent at auction on Monday from 3.39 percent at a previous sale on June 22, the central bank said.

The bank sold only 120 million rupees ($3.87 million) worth of bills from the 400 million on offer. It received bids worth 285 million rupees with yields ranging from 3.90 percent to 3.35 percent.