Mauritius 3-year Treasury bond yield rises to 4.24 pct

By Respect Gwenzi, Mar 22, 2018

The weighted average yield on Mauritius' 3-year Treasury bond rose to 4.24 percent at auction on Wednesday from 3.29 percent at the previous sale in February, the central bank said. The Bank of Mauritius sold all the 1.6 billion rupees ($48.63 million) of debt that it had offered. Bids totalled 4.950 billion rupees, with yields ranging from 4.08 percent to 4.32 percent. The bond has a coupon rate of 3.18 percent and is due on January 26, 2021. - Reuters

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