Mauritius 364-day Treasury bills yield falls to 1.62

31 Oct, 2014

PORT LOUIS: The weighted average yield on Mauritius' 364-day Treasury bills fell to 1.62 percent at auction from 1.96 percent at the previous sale on Oct. 17, the central bank said on Friday.

The Bank of Mauritius sold all the 900 million rupees($28.75 million) worth of bills it had offered.

Bids totalled 4.575 billion rupees, at rates ranging from 1.60 percent to 3.10 percent.

Copyright Reuters, 2014

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