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
By
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
More Stories
Comments
Comments are closed for this article.