Yields rise on Egyptian 3-year and 7-year bonds; 1.5-year bond cancelled

17 Oct, 2016

CAIRO: Egypt's Finance Ministry cancelled its 1.5-year treasury bond at Monday's auction while the yields on the three-year and seven-year bonds rose, data from the central bank showed.

The yield on the three-year bond rose to 17.037 percent from 16.982 percent on Oct. 3 and the yield on the seven-year bond rose to 17.419 percent from 17.393 percent in the last auction.

Copyright Reuters, 2016

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