Yields on T-bills continue to rise in Thursday’s auction
The Central Bank of Egypt (CBE) issued EGP12.3bn in T-bills on Thursday, lower than the planned EGP18bn for the auction. Yields on the EGP6.1bn six-month tenor rose by 12bps to 17.441%, and yields on the EGP6.2bn 12-month bill increased by 9bps to 17.268%. This came as the CBE partially capped the rise in yields by only accepting 68% of the required amount on both tenors, as maximum yields were as high as 17.489% and 17.268, respectively.
This website uses cookies to make the site work, to understand if the site is working well, how it is being used, to connect to social media sites (such as Facebook and Twitter) and to collect information useful to allow us and our partners to provide you with more relevant ads . Some cookies are essential to make the site work, but you can control how we use non-essential cookies at any time by clicking the “ON/OFF” button next to each category. For more information about the cookies used on this site, see Privacy Policy.
Decide which cookies you want to allow.
Strictly Necessary
These cookies are essential in order to enable you to move around our website and use its features, such as accessing secure areas of our website. Without these cookies, any services on our Site you wish to access cannot be provided.
Analytical/performance cookies
Visitors use our website, for instance which pages you go to most often, and if you get error messages from web pages.