Business & Finance

Mauritius 273-day Treasury bill yield falls to 2.39pc

Published February 20, 2015 Updated February 20, 2015 02:41pm

1 min

By Shoaib Ur Rehman

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PORT LOUIS: The weighted average yield on Mauritius' 273-day Treasury bill fell at auction on Friday to 2.39 percent from 2.64 percent at the previous sale on Jan. 27, the central bank said.

The bank sold all the 500 million rupees ($15 million) worth of bills on offer. It received bids worth 1.170 billion rupees at yields ranging from 2.30 percent to 3.25 percent.

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