ZAWYA: Central Bank of Egypt sells $96mln in 3-year T-bonds
By Staff WriterArab Finance: The Central Bank of Egypt (CBE) sold EGP 5 billion worth of fixed-rate treasury bonds (T-bonds) with a three-year maturity period in Monday’s auction.Proceeds from the bonds were 75% below the targeted EGP 20 billion, amid higher yields demanded by investors.The weighte…