Off The Wire
Mauritius' 91-day Treasury bills yield falls to 1.97 pct
PORT LOUIS, July 14 (Reuters) - The weighted average yield on Mauritius' 91-day Treasury bill fell to 1.97 percent at auction on Friday, the central bank said.
The Bank of Mauritius sold all the 1.0 billion rupees ($29.22 million) worth of the 91-day notes it had offered and only 671.1 million rupees of 182-day papers from the 1.5 billion rupees on sale.
Complete auction results were as follows: MATURITY 91-DAY 182-DAY WEIGHTED AVERAGE PRICE THIS AUCTION 99.511 98.998 LAST AUCTION 99.506 99.008 WEIGHTED AVERAGE YIELD (PCT) THIS AUCTION 1.97 2.03 LAST AUCTION 1.99 2.01 BIDS ACCEPTED (RUPEES) 1.0(BLN) 671(MLN)
($1 = 34.2200 Mauritius rupees)
(Reporting by Jean Paul Arouff; editing by Elias Biryabarema)