Markets

Mauritius 364-day Treasury bill yield rises to 2.44pc

Published July 10, 2015 Updated July 10, 2015 12:56pm

PORT LOUIS: The weighted average yield on Mauritius' 364-day Treasury bill rose to 2.44 percent at auction on Friday from 2.21 percent at the previous sale on June 19, the central bank said.

The central bank sold all 700 million rupees ($20 million) worth of debt it had offered. It received bids worth 2.55 billion rupees, at rates ranging from 2.15 percent to 3.20 percent.

Copyright Reuters, 2015