Average yields on Egypt's 3- and 7-year T-bonds drop

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Mon, 07 Aug 2017 - 01:36 GMT

BY

Mon, 07 Aug 2017 - 01:36 GMT

The Egyptian pound coin- Winter Sorbeck via Wikimedia Commons.png

The Egyptian pound coin- Winter Sorbeck via Wikimedia Commons.png

CAIRO – 7 August 2017: The average yields on Egypt's three- and seven-year treasury bonds fell at an auction on Monday, central bank data showed.

The average yield on the three-year bonds dropped to 16.813 percent from 18.652 percent at the last such auction on July 24. The seven-year bond yield fell to 16.750 percent from 18.596 percent when last sold.

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