Business & Finance

Mauritius 273-day T-bill yield falls to 3.05pc

Published March 21, 2014 Updated March 21, 2014 12:02pm

1 min

By Shoaib Ur Rehman

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PORT LOUIS: The weighted average yield on Mauritius' 273-day Treasury bill fell to 3.05 percent at auction on Friday from 3.22 percent at the previous sale, the central bank said.

The Bank of Mauritius sold all 700 million rupees ($23.22 million) worth of debt on offer. It received bids worth 2.53 billion rupees at yields ranging from 4.00 percent to 3.00 percent.

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