The average yields on Egyptian three month and nine month treasury bills fell at the Central Bank of Egypt's auction on Sunday.

The yield on three month T-bills dropped by 0.053 since the last issue on 19 February 19 to 12.723 percent.

The yield on nine month bills fell to 13.823 percent, from a previous 13.974 per cent.

The bank had offered three month treasury bills worth LE1.5 billion and an additional LE4 billion of nine month T-bills.