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Business

Egypt 10-day deposits average yield at 8.274 pct

DNE
Last updated: September 21, 2012 9:14 pm
DNE
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CAIRO: The weighted average yield at a 10-day deposit auction was 8.274 percent on Sunday, Egypt’s central bank said.

The bank received bids worth LE 33.6 billion ($5.84 billion) and accepted bids worth LE 29.35 billion.

It accepted the bids at rates of between 8.265 percent and 8.28 percent.

 

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