Egypt sells 5bn Egyptian pounds in T-bills, yields fall

16 Oct, 2011

The central bank sold 1.5 billion pounds of 91-day T-bills on behalf of the ministry. The average yield fell to 12.431 percent from 12.609 percent at last week's auction.

It also sold 3.5 billion pounds of 273-day T-bills and the average yield fell to 13.625 percent from 13.759 percent at the last issue on October 4.

Copyright Reuters, 2011

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