Yields on Egypt’s T-bills rise at Thursday’s auction

Cairo – Mubasher: Egypt’s yields on 91-day and 273-day treasury bills saw a rise at Thursday’s auction, said the Ministry of Finance Thursday.

Yields on the 91-day bills increased to 18.513% yesterday from 18.240% registered last Sunday.

Yields on the 273-day bills moved up to 18.814% from 18.602% recorded last Sunday.

The government estimated FY16/17 budget deficit to reach EGP 319.46 billion, compared with EGP 339 billion registered a year earlier. 

Mubasher Contribution Time: 09-Dec-2016 08:46 (GMT)
Mubasher Last Update Time: 09-Dec-2016 08:46 (GMT)