CAIRO – Average yields on Egypt’s three-month and nine-month treasury bills fell at an auction on Sunday, data from the central bank showed.
The average yield on the 91-day bill slipped to 18.976 percent, from 19.501 percent at the last similar auction and the yield on the 266-day bill fell to 18.661 percent from 19.356 percent.
Demand for Egypt’s domestic debt has grown since the central bank raised key interest rates by 2 percentage points in July, its third increase since the country floated its currency in November last year. (Reuters)
For information on press releases, photos, promotional events and adverts, call or send text to 08173460599 or 08094208271or send email to: email@example.com