Discover Yahoo! With Your Friends

Explore news, videos, and much more based on what your friends are reading and watching. Publish your own activity and retain full control.

To get started, first

YOUR FRIENDS' ACTIVITY

    Egypt sells more 182-day T-bills than it offered

    CAIRO, Feb 23 (Reuters) - Egypt's central bank sold

    more 182-day treasury bills than originally offered at an

    auction on Thursday, but trimmed the amount of 357-day T-bills

    it sold, the bank said..

    It sold 4.5 billion Egyptian pounds ($745.50 million) of

    182-day T-bills on behalf of the Finance Ministry instead of the

    3 billion pounds it had offered. The average yield edged up to

    14.923 percent from 14.918 percent at last week's auction.

    It sold 2.5 billion pounds of 357-day T-bills instead of the

    4 billion pounds it had offered. The average yield fell to

    15.965 percent from 15.975 percent at the last issue on Feb. 14.

    (For more detail on T-Bills see Reuters pages from

    to )

    ($1=6.0379 Egyptian Pound)

    (Reporting by Mohamed Samir)

     

    There are no comments yet

    BECOME A FAN ON FACEBOOK

    RECENT ACTIVITIES