Auction Yields On Egypt’s 1.5-Yr & 3-Yr Rise, 7-Yr T-Bonds Drop

Yields on one-and-a-half-year and three-year treasury bonds rose while seven-year bonds dropped at an auction on Monday, data from the Ministry of Finance’s website showed.

The average yield on Egypt’s zero-coupon, one-and-a-half-year treasury bonds rose to 11.84 percent from 11.832 percent.

The average yield on the three-year bond rose slightly to 12.517 from 12.515 and average yields from seven-year bonds dropped to 14.437 percent from 14.446 percent.

Source: Reuters