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CAIRO, Nov 28 (Reuters) - Average yields on Egypt's three-year and seven-year treasury bonds dropped sharply at an auction on Monday, data from the central bank showed.
The average yield on Egypt's three-year bond dropped to 16.750 percent from 18.573 percent at the previous auction, while the average yield on the seven-year bond dropped to 16.972 percent from 18.373 percent at the last sale.
(Reporting by Asma Alsharif; Editing by Catherine Evans) ((asma.alsharif@thomsonreuters.com; +20225783290; Reuters Messaging: asma.alsharif.reuters.com@reuters.net))
The average yield on Egypt's three-year bond dropped to 16.750 percent from 18.573 percent at the previous auction, while the average yield on the seven-year bond dropped to 16.972 percent from 18.373 percent at the last sale.
(Reporting by Asma Alsharif; Editing by Catherine Evans) ((asma.alsharif@thomsonreuters.com; +20225783290; Reuters Messaging: asma.alsharif.reuters.com@reuters.net))
