Markets

Mauritius 5-year Treasury bond yield falls to 4.11pc

Published February 18, 2015 Updated February 18, 2015 02:44pm

PORT LOUIS: Mauritius' five-year Treasury bonds fetched a weighted average yield of 4.11 percent on Wednesday, down from 4.68 percent at the last auction on December 17, the central bank said.

The Bank of Mauritius sold all the 1.5 billion rupees ($45.18 million) of debt it had offered.

Bids totalled 4.355 billion rupees with yields ranging from 3.99 to 5.33 percent. The coupon rate was 3.95 percent.

Copyright Reuters, 2015