Egypt 91-day T-bills average yield down at 10.146 pct

Reuters
1 Min Read

CAIRO: The average yield on Egyptian 91-day Treasury bills fell slightly to 10.146 percent at an auction on Sunday from 10.162 percent last week.

The central bank accepted bids for bills worth LE 1 billion ($176 million), the same amount it was seeking.

It accepted bids at rates between 10.002 and 10.192 percent, compared with 10.091 and 10.2 percent at the previous auction.

The bills are for issue on July 20 and mature on Oct. 19.

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