Mauritius 364-day T-bills yield slips to 3.44 pct

PORT LOUIS, Oct 12 (Reuters) - The weighted average yield on Mauritius' 364-day Treasury bills fell to 3.44 percent at auction on Friday from 3.57 percent at a previous sale on October 5, the central bank said.

The Bank of Mauritius accepted bids for all the 500 million rupees ($16.13 million) worth of bills on offer.

Total bids amounted to 1.945 billion rupees at rates ranging from 4.15 percent to 3.40 percent. The bank rate posted was 3.27 percent.

($1 = 31.0000 Mauritius rupees)

(Reporting by Jean Paul Arouff; Editing by James Macharia)

(( :+254 20 2224717))