Egypt treasury bond yields slightly lower at auction

07 Dec, 2015

CAIRO: Yields on five-year and 10-year Egyptian treasury bonds fell marginally at an auction on Monday.

The average yield at a sale of five-year bonds declined to 13.172 percent from 13.173 percent at the previous auction on Nov. 23, while the 10-year bond yield fell to 15.373 from 15.378 percent last month.

The central bank had offered 3 billion Egyptian pounds of the five-year bonds and 2.25 billion pounds of the 10-year issue and sold them all.

Copyright Reuters, 2015

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