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Egyptian three-month T-bill yields drop at auction, nine month yield stable
September 29, 2016 / 10:52 AM / a year ago

Egyptian three-month T-bill yields drop at auction, nine month yield stable

CAIRO, Sept 29 (Reuters) - Yields on Egypt’s three-month treasury bills dropped on Thursday while yields on its nine-month treasury bills stabilised, data from the central bank showed.

The average yield on the 91-day bill dropped to 14.593 percent from 14.775 percent at the previous auction on Sept 25. The 273-day bill’s yield was stable at at 16.394 percent, unchanged from a similar auction on Sept. 25. (Reporting by Asma Alsharif; Editing by Angus MacSwan)

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