Mauritius 5-year bond yields 6.81%
The Bank of Mauritius sold just 257 million rupees of 6.69 percent five-year government bonds at auction on Wednesday.
The central bank
had offered 2 billion rupees of the bonds maturing on June 4, 2015,
which it first sold in June this year. It received bids worth 2.8
billion rupees, but rejected most.
The bids ranged
from a yield of 6.25 percent to 7.50 percent. The highest accepted
yield was 6.84 percent, giving a weighted average yield of 6.81 percent
at the auction.
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