Thursday, 15 March 2012 20:29
CAIRO: Average yields on Egyptian treasury bills inched down at a fully-subscribed auction on Thursday as investors continued to show optimism that the country would seal an emergency IMF loan and make a smooth transition to civilian rule, traders said.
The average yield on 182-day T-bills was 14.819 percent, down from 14.867 percent at the last auction. Traders said investors were showing appetite for maturities offering the prospect of greater returns than shorter-term notes.
The central bank ...