Egypt's central bank said it sold LE 5 billion in domestic treasury bills on Sunday, less than the LE5.5 billion it was seeking.
The bank sold LE2 billion of 91-day T-bills at an average yield of 11.60 per cent, up a fraction from 11.56 per cent at last week's auction. The same amount it had asked for.
The bank also sold LE3 billion of 266-day T-bills, at an average yield of 12.87 per cent, also up a fraction from 12.76 per cent at last issue on May 10. It had sought bills worth LE3.5 billion.