Markets

Mauritius 364-day Treasury bills' yield rises to 2.14pc

Published September 12, 2014 Updated September 12, 2014 06:23pm

1 min

By Muhammad Iqbal

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PORT LOUIS: The weighted average yield on Mauritius' 364-day Treasury bills rose to 2.14 percent at auction from 1.75 percent at the previous sale on Sept. 5, the central bank said on Friday.

The Bank of Mauritius put on sale 1 billion Mauritius rupees ($31.92 million) worth of debt instruments but accepted bids for 1.050 billion rupees.

Bids totalled 1.970 billion rupees, at rates ranging from 3.70 percent to 2.0 percent.

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