Cairo – Mubasher: The Central Bank of Egypt (CBE) on Sunday posted that yield on 91-day treasury bills (T-bills) declined to their lowest level in seven months or since 21 February 2017.

The average yield of the 91-day notes reached 18.45% and was oversubscribed twice, the CBE highlighted.

Meanwhile, the average yield of the 166-day notes reached 71.7% and was covered twice.

The CBE announced earlier that it would issue T-bills worth 12.75 billion on Sunday.