Daily News Egypt

Egypt sells more 91-day T-bills than offered - Daily News Egypt

Advertising Area



Advertising Area




Egypt sells more 91-day T-bills than offered

CAIRO: Egypt’s central bank sold more 91-day treasury bills than originally offered at an auction on Sunday but trimmed the amount 266-day T-bills sold, the Finance Ministry said on its website. The bank sold LE 3 billion ($498.1 million) of 91-day bills compared to the 2 billion it offered, with the average yield remaining steady …


CAIRO: Egypt’s central bank sold more 91-day treasury bills than originally offered at an auction on Sunday but trimmed the amount 266-day T-bills sold, the Finance Ministry said on its website.

The bank sold LE 3 billion ($498.1 million) of 91-day bills compared to the 2 billion it offered, with the average yield remaining steady from last week at 13.95 percent.

It sold only LE 1 billion pounds of 266-day T-bills, short of the LE 3.5 billion it had offered, with the average yield rising to 15.26 percent from 15.144 percent at the last issue on Dec 13.

The bank sells T-bills on behalf of the Finance Ministry.

Advertising Area

Advertising Area



https://www.dailynewsegypt.com/2011/12/25/egypt-sells-more-91-day-t-bills-than-offered/
Breaking News

No current breaking news

Daily News Egypt Android App Available for free download on Google play
View
Daily News Egypt Ios App Available for free download on APP Store
View
Social Media Auto Publish Powered By : XYZScripts.com