Egypt Sells 5.5 billion EGP Of T-Bills, Yields Rise
Yields rose at an auction of Egyptian treasury bills on Thursday, with the government selling 5.5 billion Egyptian pounds ($905.05 million) of 182-day and 357-day notes, the Central Bank of Egypt said.
August 19, 2012 8:10 by Reuters
The average yield on 2 billion pounds of 182-day bills maturing on Feb. 19, 2013, was 15.345 percent, up from 15.290 percent at the previous auction on Aug. 9. The range of yields was 15.0-15.392.
On the 3.5 billion pounds of 357-day bills sold, the average yield rose to 15.931 percent from 15.755 percent at the last auction on Aug. 2. The range of yields was 15.80-15.970.
The central bank sells the bills on behalf of the finance ministry.
More on All News
-
NCoV – First report of patient-to-nurse spread
-
Struggling Singapore Airlines fights back
-
Saudi regulations target stock market speculators
-
Dubai’s Arqaam Capital Eyes South Africa, Saudi Expansion
-
U.S. Targets Two UAE Firms For Dealing With Blacklisted Iran Banks
-
Airbus officially picked by Kuwait Airways
-
Turkish Airlines faces strike
-
GMR reveals top 50 Mena Corporate Brands
-
Coronavirus can spread from person to person
-
Kuwait Airways to sign $3 billion-plus Airbus deal
-
Abu Dhabi Tourism Company Loss Widens
-
Emirates Airline reaps expansion profits
-
Saudi Arabia has 13 cases of SARS-like Coronavirus – WHO
-
UAE Central Bank Shuts Two Money Exchange Firms For Violations
-
Emal plans further expansion
-
Dubai looking at alternatives to repay debt
-
Two more die in Saudi Arabia from SARS-like virus – WHO
-
Alwaleed’s Kingdom on the prowl
-
Qatar Airways now looks to Airbus
-
World’s Longest-Range Passenger Jet
Lately on Kipp
-
Dusting off the Emirates ID card
-
Turkish Airlines Can Ride Out Turbulence
-
Taking on Abercrombie & Fitch
-
Red Hat Expands Technical Account Management Services to Offer SAP® Solution-centric Support
-
R&M’s New CSR Report Highlights Company’s Achievements in Advancing Ecological Efficiency and Social Accountability
-
NCoV – First report of patient-to-nurse spread
