Yields dip at sale of 7-year Egypt bonds

Yields on the bonds ranged from 16.83 to 16.9 percent, with an average yield of 16.88 percent, down from 16.91 percent at an auction of seven-year bonds on March 5.

The bonds mature on Oct. 25, 2018, and carry a 14.5 percent coupon.

Settlement will take place on March 20.