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Sunday, 31 May 2020

Average yields rise on Egypt's 3- and 9-month T-bills

Reuters , Monday 20 Nov 2017
File Photo: Tarek Amer, the governor of the central bank (Photo: Ahram Arabic gate)
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Yields on the 91-day bills rose to 18.625 percent from 18.470 percent at the last sale, while yields on the 266-day bills rose to 18.015 from 17.834 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.
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