PORT LOUIS, Oct 13 (Reuters) – The weighted average yield on Mauritius’ 91-day Treasury bill fell to 1.65 percent at auction on Friday, the central bank said.
The Bank of Mauritius offered a total of 800 million rupees ($23.63 million) for both the 91-day and 364-day papers. It sold 374 million rupees for the 91-day instruments and all of the 600 million rupees worth of the 182-day instruments on offer.
Complete auction results were as follows: MATURITY 91-DAY 182-DAY WEIGHTED AVERAGE PRICE THIS AUCTION 99.590 99.125 LAST AUCTION 99.578 99.110 WEIGHTED AVERAGE YIELD (PCT) THIS AUCTION 1.65 1.77 LAST AUCTION 1.70 1.80 BIDS ACCEPTED (RUPEES) 374(MLN) 600(MLN)
$1 = 33.8600 Mauritius rupees Reporting by Jean Paul Arouff; Editing by Aaron Maasho
Reuters: Mauritius News