Port Louis – Weighted yield on a four-year Bank of Mauritius bond fetched a yield of 3.79 per cent at auction, the Media reported on Friday.
The bank offered two billion rupees (62.50 million dollars) worth of the debt but sold an amount of 4.8 billion rupees. Bids ranged from 3.65 per cent to 4.00 percent.
The bond will mature on Feb.19, 2022, and has a coupon rate of 3.65 percent. ($1 = 32.0000 Mauritius rupees)(Reuters)
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