Average yields on Egypt’s three- and nine-month treasury bills rose at an auction on Sunday, central bank data showed.

 

Yields on the 91-day bills rose to 18.470 from 18.387 percent at the last sale, while yields on the 273-day bills rose to 17.834 from 17.714 percent.

 

Appetite for Egypt’s domestic debt has grown since the central bank floated the pound currency a year ago. Since then, the CBE has raised key interest rates by 700 basis points.