Business & Finance

Mauritius 182-day Treasury bills yield rises to 2.88pc

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PORT LOUIS: The weighted average yield on Mauritius's 182-day Treasury bills rose to 2.88 percent at an auction on Friday from 1.33 percent at the previous sale on Nov. 21, the central bank said.

The central bank or Bank of Mauritius sold all the 500 million rupees ($15.92 million) worth of bills it had offered.

It received bids worth 1.600 billion rupees at yields ranging from 2.75 percent to 5.0 percent.

Copyright Reuters, 2014