Markets

Yields drop at Egypt T-bill auction

Published July 31, 2016 Updated July 31, 2016 04:45pm

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