Egypt

Central Bank of Egypt sells $1bn in 3-month treasury bills as yields hit record highs

Central Bank of Egypt sells $1bn in 3-month treasury bills as yields hit record highs

  • Investors submitted bids totaling 78.56 billion pounds, showcasing heightened interest despite the economic pressures
  • Egypt’s inflation rate eased in October, rising 1.5% compared to 2.3% in September
By Miguel Hadchity ·