Business & Finance
Mauritius 3-year Treasury bond yield rises to 3.65pc
PORT LOUIS: The weighted average yield on Mauritius' 3-year Treasury bond rose to 3.65 percent at auction on W
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The Bank of Mauritius sold all the 1.8 billion rupees ($51.21 million) of debt that it had offered.
Bids received totalled 2.98 billion rupees, with yields ranging from 3.48 percent to 4.0 percent. The bond has a coupon rate of 2.90 percent and is due on Feb. 17, 2020.