Yield on Egypt 182-day T-bills edges down

Reuters Middle East

CAIRO, Jan 10 (Reuters) - The average yield on Egyptian

182-day T-bills slipped at an auction on Thursday to 13.970

percent from 14.104 percent at last week's auction, the central

bank said.

The central bank accepted bids for 182-day T-bills worth 2.5

billion Egyptian pounds ($384 million) - the same amount

offered. The issue date is Jan. 15.

The average yield on 364-day T-bills was 14.503 percent,

compared to 13.623 percent at the last issue on Dec. 18. It

accepted bids for 4 billion pounds, the same amount it had


The central bank two weeks ago cancelled an auction for

364-day T-bills for Jan. 1 issue.

($1 = 6.5120 Egyptian pounds)

(Writing by Tom Perry; Editing by Patrick Werr)

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