Mauritius 10-year Treasury bond yield falls to 5.04pc

16 Nov, 2016

NAIROBI: The weighted average yield on Mauritius' 10-year Treasury bonds fell to 5.04 percent at auction on Wednesday from 5.16 percent at a previous auction in August, the central bank said.

The Bank of Mauritius said the 1.4 billion rupee ($39 million) bonds with a coupon of 5.00 percent received bids worth 2.60 billion rupees. It accepted all 1.4 billion rupees offered.

The bank also said it would auction a reopened three-year Treasury note worth a total 1.3 billion rupees on Nov.23. It has a coupon of 3.15 percent and will mature on Oct. 28, 2019.

Copyright Reuters, 2016

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