Business & Finance
Egypt sells 5bn Eg pounds in T-bills
CAIRO : Egypt 's central bank sold 5 billion Egyptian pounds ($837.82 billion) in domestic treasury bills on Sunday, th
CAIRO: Egypt's central bank sold 5 billion Egyptian pounds ($837.82 billion) in domestic treasury bills on Sunday, the same amount it had offered, the bank said.
The bank sold 1.5 billion pounds of 91-day T-bills on behalf of the Finance Ministry at an average yield of 11.928 percent, up from 11.907 percent at last week's auction.
It also sold 3.5 billion pounds of 273-day T-bills at an average yield of 12.932 percent, up from 12.858 percent at the last issue on Aug 2.
Copyright Reuters, 2011
Comments
Comments are closed.