Mauritius 3-year Treasury bond yield rises to 4.56%

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PORT LOUIS (Reuters) – The weighted average yield on Mauritius’s three-year Treasury bond rose to 4.56 percent on Wednesday from 4.51 percent at a sale of a similar bond on Oct. 21, the central bank said.

Bank of Mauritius sold all the 1 billion rupees ($28.04 million) worth of debt it had offered. Bids totalled 2.625 billion rupees, with yield offers ranging from 4.25 percent to 5.14 percent.

The bond has a coupon rate of 3.72 percent and is due on Aug. 21, 2018.

 

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