Business & Finance

Mauritius 15-yr inflation indexed bond yield at 2.81pc

Published March 9, 2016 Updated March 9, 2016 04:41pm

1 min

By Shoaib Ur Rehman

PORT LOUIS: A 15-year inflation-indexed bond fetched a weighted yield of 2.81 percent at an auction on Wednesday, the Bank of Mauritius said.

Bids totalled 1.950 billion Mauritius rupees ($54.70 million)but the bank sold only 1.5 billion rupees worth of the paper on offer.

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