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English news

14-Aug-2017

Yields mixed at three-, nine-month T-bill auctions on Sunday

The average yield on the 91-day treasury bill fell to 19.080% at Sunday’s auction from 19.131% at the last auction, while those on the 266-day bill rose to 19.004% from 18.878%. Maximum yields were 19.252% and 19.200%, respectively. Accepted bids were cEGP8.7bn and EGP9.0bn, respectively, representing 125% and 112% of the required amounts, but only 86% and 82% of the submitted bids. 

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