Egypt sells 6.5bn Eg pounds

CAIRO : Egypt 's central bank sold 6.5 billion Egyptian pounds ($1.09 billion) in domestic treasury bills on Sunday, th
02 Oct, 2011

The central bank sold 3 billion pounds of 91-day T-bills, on behalf of the ministry. The average yield fell to 12.792 percent from 13.024 percent at last week's auction.

It also sold 3.5 billion pounds of 273-day T-bills, the average yield fell to 13.759 percent from 13.842 percent at the last issue on Sept. 20.

 

Copyright Reuters, 2011

 

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