Egyptian T-bill yields drop at auction

25 Sep, 2016

CAIRO: Yields on Egypt's three-month and nine-month treasury bills dropped at Sunday's auction, data from the central bank showed.

The average yield on the 91-day bill dropped to 14.775 percent from 14.921 percent at the previous auction on Sept 18.

The 266-day bill's yield dropped to 16.394 percent from 16.420 percent at the last similar auction.

Copyright Reuters, 2016

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