October 11, 2017 / 12:50 PM / 8 days ago

Mauritius 3-year Treasury bond falls to 2.43 pct

PORT LOUIS, Oct 11 (Reuters) - The weighted average yield on Mauritius’ 3-year Treasury bond fell to 2.43 percent at auction on Wednesday from 2.51 percent at the previous sale in September, the central bank said.

The Bank of Mauritius sold all the 1.6 billion rupees ($47.23 million) of debt that it had offered.

Bids totalled 3.900 billion rupees, with yields ranging from 2.37 percent to 2.51 percent.

The bond has a coupon rate of 2.37 percent and is due on October 13, 2020.

$1 = 33.8800 Mauritius rupees Reporting by Jean Paul Arouff; Editing by Aaron Maasho

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