Business & Finance

Mauritius 273-day Treasury bills yield falls at auction

Published January 10, 2014 Updated January 10, 2014 12:53pm

1 min

By Shoaib Ur Rehman

Add BRecorder as a trusted
source on Google

PORT LOUIS: The weighted average yield on Mauritius' 273-day Treasury bills fell to 3.60 percent at auction on Friday from 3.65 percent at the previous sale, the central bank said.

The Bank of Mauritius sold all the 600 million rupees ($19.80 million) worth of debt it had offered.

It received bids worth 2.130 billion rupees at yields ranging from 4.90 percent to 3.60 percent. The bank rate posted was 3.56 percent.

Read Comments