Egypt 91-day T-bills average yield down at 10.179 pct

The average yield on Egyptian 91-day Treasury bills dipped to 10.179 percent at an auction on Sunday from 10.222 percent last week CBEY

Central Bank of Egypt accepted bids for bills worth 1 billion Egyptian pounds ($176 million), the same amount it was seeking.

 

It accepted bids at rates between 10.002 and 10.209 percent, compared with 10.002 and 10.251 percent at the previous auction.

 

The bills are for issue on June 29 and mature on Sept. 28.