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Monday 20, May 2013

 
 
 

 

Yields eases at Egypt 91-, 273-day T-bill auction

By: Humair Rana, Uploaded: 2nd September 2012



Average yields declined on treasury bills auctioned by Egypt’s central bank on Sunday, the Ministry of Finance said.

The yield on 273-day T-bills slipped to 15.794 percent from 15.8 37 percent at the last auction on A ug. 15, and the bank sold all 4 billion Egyptian pounds ($656.14 million)of bills it had sought.

The yield on 91-day bills eased to 14.15 percent from 14.227 percent at last week’s issue. All 1 billion Egyptian pounds on offer were sold.

The central bank sells the bills on behalf of the finance ministry.

Source: Reuters

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Story first published: 2nd September 2012




 
 
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