Business & Finance

Mauritius 182-day T-bills yield rises to 3.51pc

Published January 3, 2014 Updated January 3, 2014 12:24pm

1 min

By Shoaib Ur Rehman

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PORT LOUIS: The weighted average yield on Mauritius' 182-day Treasury bills rose to 3.51 percent at auction on Friday from 3.46 percent at a previous sale in November, the central bank said.

The Bank of Mauritius received bids worth 1.09 billion rupees ($36.21 million) for the 600 million rupees it had offered.

It accepted bids worth 600 million rupees at yields ranging from 4.90 percent to 3.48 percent.

The bank rate posted was 3.57 percent.

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