Yield rises at Egypt 266-day T-bill auction

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CAIRO: The yield on Egyptian treasury bills rose at an auction on Sunday, and the central bank sold the entire LE 3.5 billion ($549.5 million) worth it had asked for, the Finance Ministry said.

The average yield on the 266-day treasury bills rose to 15.923 percent from 15.802 percent at the last issue on Jan 24.

The central bank sells the bills on behalf of the Finance Ministry.

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