Yields mixed at Egypt's T-bond auction

08 Aug, 2016

CAIRO: Yields rose on Egypt's 1-1/2-year zero-coupon bond and on its three-year Treasury bond but dropped on the seven-year bond at an auction on Monday, data from the central bank showed.

The average yield on the zero-coupon bond rose to 15.964 percent from 15.329 percent when it was last sold, on June 27.

The yield on the three-year bond also rose to 16.389 percent from 15.521 percent at the last auction, on June 27. The yields on the seven-year bond dropped to 17.353 percent compared with 17.521 at the last similar sale, held on July 25.

Copyright Reuters, 2016

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