Egypt cancels auction for 91, 273-day T-bills

03 Oct, 2012

 

The auction had been moved forward from next Sunday, which is a banking holiday in Egypt.

 

Average yields on 91-day and 266-day treasury bills sold at an auction on Sunday had edged higher, interrupting a downward trend of recent weeks, and the central bank sold fewer 266-day bills than it had offered.

Copyright Reuters, 2012

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