Business & Finance

Mauritius 91-day T-bill yield falls to 3.04pc

Published February 7, 2014 Updated February 7, 2014 02:00pm

1 min

By Shoaib Ur Rehman

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PORT LOUIS: The weighted average yield on Mauritius' 91-day Treasury bills fell to 3.04 percent at an auction on Friday from 3.26 percent at a previous sale in December, the central bank said.

The Bank of Mauritius sold all the 600 million rupees ($19.74 million) worth of bills it offered.

Investors bid for bills worth 2.660 billion rupees at yields ranging from 4.50 percent to 3.02 percent.

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