Egypt 182-day T-bills yield down to 10.108 pct

Reuters
1 Min Read

CAIRO: The average yield on Egyptian 182-day Treasury bills dipped to 10.108 percent at an auction on Sunday versus 10.369 percent at last auction on Aug 1.

The central bank accepted bids worth LE 2 billion ($351 million), the same amount it was seeking.

It accepted bids at rates between 9.979 and 10.2 percent compared with a range of 10.320 to 10.4 percent at the previous auction. The bills are for issue on Aug 17 and mature on Feb.15, 2011.

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