Egypt's financial paradox continues: T-bills yield positive results
The average yield on 91-day treasury bills increased to 11.613 percent from 11.444 percent at last week's auction, the central bank said.
The yield on 273-day treasury bills rose to 12.672 percent from 12.413 percent at the Aug. 18 auction.
The central bank sold 2 billion Egyptian pounds ($286 million) of the 91-day bills and 4 billion pounds of the 266-day bills, the amounts it had asked for.
Hundreds of people were killed when the pro-Mursi sit-ins were dispersed on Aug. 14 and in subsequent protests.
- Presidential vacuum, Syrian crisis leaves Lebanon's business leaders more than worried
- Oil wells, taxes, and scare tactics: how the IS has been making money all this time
- Business marries politics, again: are Erdogan-allied businesses getting away with more?
- Time to invest closer to home? Why the GCC countries are urged to pump their money into an Arab 'Marshal Plan'
- (Re)-Starting Up: Tunisia 'ripe' for post-Arab Spring economic recovery