CAIRO: The weighted average yield at a 7-day deposit auction was 8.279 percent, compared with 8.276 percent at last week’s auction, Egypt’s central bank said on Tuesday.
The bank had asked for LE 25 billion ($4.44 billion) and received bids worth LE 22.97 billion. It accepted bids worth LE 22.47 billion at rates between 8.265 percent and 8.282 percent, the same as the previous auction.
