September 17, 2018 / 11:28 AM / 2 months ago

Egypt cancels T-bond auction for third week - cenbank data

CAIRO, Sept 17 (Reuters) - Egypt cancelled an auction of 3- and 7-year treasury bonds worth 3.5 billion Egyptian pounds ($195.97 million) on Monday for a third successive week, central bank data showed.

Two previous T-bond auctions had been cancelled after bankers and investors demanded high yields on the debt. ($1 = 17.8600 Egyptian pounds) (Reporting by Eric Knecht Writing by Aidan Lewis Editing by Matthew Mpoke Bigg)

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