Wednesday, June 27, 2007

Yield rises at Egyptian 63-day deposit auction

(Reuters) - The average yield rose at a 63-day deposit auction by the Central Bank of Egypt on Wednesday to 9.049 percent from 8.986 percent a week earlier.

The bank accepted bids for 1.51 billion Egyptian pounds ranging from 8.9 to 9.12 percent, the central bank said.


Read more at Reuters Africa

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