Business & Finance

Mauritius 182-day Treasury bills yield falls to 2.62pc

Published May 30, 2014 Updated May 30, 2014 01:13pm

1 min

By Shoaib Ur Rehman

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PORT LOUIS: The weighted average yield on Mauritius' 182-day Treasury bills fell to 2.62 percent at auction on Friday from 2.91 percent at the previous sale, the central bank said.

The Bank of Mauritius sold all the 500 million rupees ($16.52 million) worth of bids on offer.

It received bids worth 1.750 billion rupees with yield ranging from 3.32 percent to 2.59 percent.

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