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Egypt 3-month, 9-month bills rises, Ghana 91-day bill yield eases
LAGOS (Capital Markets in Africa) – Yields on Egypt’s three- and nine-month Treasury bills rose at an auction on Sunday, central bank data showed. Yields on the 91-day bill rose to an average of 18.917 percent from 18.513 percent at the previous action. Yields on the 266-day bill rose to 19.103 percent from 18.814 percent.
Whereas, the Bank of Ghana said the yield on its weekly 91-day bill fell to 16.6759 percent at an auction on Friday from 17.2946 percent at the last sale on Dec. 9. The bank said it had accepted 679.92 million cedis ($161.5 million) worth of bids of the 735.42 million cedis tendered for the 91-day paper, which will be issued on Dec. 19.