| Kippreport.com

Yields ease at Egypt 182-, 364-day T-bill auction

September 6, 2012 5:48 by Reuters

Average yields declined on 5.5 billion Egyptian pounds ($902.01 million) of treasury bills auctioned by Egypt’s central bank on Thursday, the Ministry of Finance said.

The yield on 182-day T-bills fell to 15.096 percent from 15.345 percent at an auction on Aug. 16. The yield on 364-day bills fell to 15.748 percent from 15.845 percent at an auction on Aug. 9.

The central bank sold all the bills it had offered on behalf of the finance ministry.

Tags: Egypt, egypt's central bank, Ministry of Finance, T-bills, treasury bills