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English news

20-Jun-2016

91-day, 266-day T-bills yields up 1% at Sunday auction, reaching three-year high

Yields on three-month treasury bills jumped 79 bps to 14.05%, while yields on the 266-day bill rose 100 bps to 15.12% from a week earlier as yields reacted to the Central Bank of Egypt’s decision to hike policy rates by 100 bps last Thursday. The jump in yields took them to three-year high. (Reuters)

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