Yields rise at Egypt bond auction

Reuters , Monday 27 Jun 2016

the Egyptian Central Bank offices in Cairo, Egypt, Sunday, Jan. 6, 2013 (AP)
the Egyptian Central Bank offices in Cairo, Egypt, Sunday, Jan. 6, 2013 (AP)

Yields rose on Egypt's 1 1/2-year zero-coupon and three-year treasury bond at an auction on Monday, data from the central bank website showed.

The average yield on the zero-coupon bond jumped to 15.329 percent from 14.309 percent when it was last sold, on June 13. The yield on the three-year bond rose to 15.521 percent from 14.638 percent at the last auction, on June 13.

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