Mauritius 364-day Treasury bills’ yield falls to 1.96 pct

PORT LOUIS (Reuters) - The weighted average yield on Mauritius' 364-day Treasury bills fell to 1.96 percent at auction from 2.14 percent at the previous sale on Sept. 12, the central bank said on Friday. The Bank of Mauritius put on sale 1.2 billion rupees (38.46 million US dollar) worth of debt instruments but accepted bids for 1.265 billion rupees. Bids totalled 3.001 billion rupees, at rates ranging from 3.50 percent to 1.82 percent. (1 US dollar = 31.2000 Mauritius rupee)