CAIRO: Egypt’s central bank sold LE 5 billion ($837.55 million) in domestic treasury bills on Sunday, the same amount it had offered, the Finance Ministry said.
The central bank sold LE 1.5 billion of 91-day T-bills on behalf of the ministry. The average yield rose to 12.298 percent from 12.242 percent at last week’s auction.
It also sold 3.5 billion pounds of 273-day T-bills and the average yield rose to 13.84 percent from 13.625 percent at the last issue on Oct. 18.
