Yields decline on Egypt T-bills 2012-07-30
Yields decline on Egypt T-bills
Average yields continued to decline at an auction on Sunday of 6 billion Egyptian pounds of 91-day and 266-day treasury bills, the finance ministry said. The average yield on the 91-day T-bills was 14.196 %, down from 14.243 % at last week's auction. On the 266-day bills it was 15.652 %, down from 15.696 % at the last issue on July 17. The central bank, which sells the bills on behalf of the Finance Ministry, sold the same amount it had offered.
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