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Middle East & Africa

Markets - Fixed Income - Middle East & Africa

Yields drop at Egypt T-bill auction CAIRO: Yields on Egypt's three-month and nine-month treasury bills edged down at Sunday's auction, data from the central bank website showed. The average yield on the 91-day bill dropped to 14.212 percent from 14.272 percent at the last auction on July 24. The 266-day bill also dropped to 15.653 percent from 15.752 percent at a similar auction a week ago. Copyright Reuters, 2016 ...

Markets - Fixed Income - Middle East & Africa

Egypt cancels 1.5 and 3 year bond auctions, 7-year bond yields rise CAIRO: Egypt cancelled its 18-month and three-year bond auctions on Monday and yields on its seven-year bond rose, data from the central bank showed. The yields on the seven-year bond stood at 17.521 percent compared with 17.291 at the last similar sale, held on July 11. The central bank did not give a reason for the cancellations, but one banker said the bids submitted were likely considered too high. Yields on Egyptian government debt have ...

Markets - Fixed Income - Middle East & Africa

Kenya 364-day, 182-day t-bill yields rise at latest sale NAIROBI: The weighted average yield on Kenya's 182-day Treasury bills rose to 10.205 percent at an auction on Wednesday from 9.914 percent last week, the central bank said. At the same sale, the yield on the 364-day Treasury bills jumped to 11.027 percent from 10.869 percent last week, the bank added. It received bids worth a total 17.18 billion shillings for the 12 billion shillings it had offered.It accepted 17.06 billion shillings. The bank will ...

Markets - Fixed Income - Middle East & Africa

Nigeria to sell 94 bln naira in Treasury bills LAGOS: Nigeria plans to raise 94 billion naira ($330 million) in short-dated Treasury bills with 3-month to 1-year maturities on July 6, the central bank said on Tuesday. The bank said it will raise 19 billion naira of the 3-month debt, 25 billion of the 6-month and 50 billion of the 1-year. Copyright Reuters, 2016 ...

Markets - Fixed Income - Middle East & Africa

Yields drop on Egypt's 91-day, 273-day T-bills CAIRO: Yields on Egypt's three-month and nine-month treasury bills declined at an auction on Sunday, data from the central bank showed. The average yield on Egypt's 91-day bill dropped to 13.960 percent from 14.051 percent at the last sale on June 19. The yield on the 273-day bill dipped to 15.087 percent from 15.118 percent at a similar auction a week ago. Copyright Reuters, 2016 ...

Markets - Fixed Income - Middle East & Africa

Yield on Kenya's 182-day T-bill slips at auction NAIROBI: The weighted average yield on Kenya's 182-day Treasury bill slipped to 9.239 percent at auction on Wednesday compared to 9.545 percent last week, the central bank said. The yield on the 364-day T-bill was barely changed at 10.737 percent compared with 10.734 percent last week. The bank offered bills worth a total 12 billion shillings ($118.58 million) and received bids worth 14.2 billion shillings. It accepted bids worth 13.72 billion shillings. Next week, the ...

Markets - Fixed Income - Middle East & Africa

Yields rose on Egyptian debt at Monday's auction CAIRO: Yields on the Egyptian government's five year bonds rose at an auction on Monday. The average yield on the five-year bond rose to 16.512 percent from an average of 15.684 percent at the previous auction on June 6. Copyright Reuters, 2016 ...