Yields on Egyptian treasury bills climbed at an auction on Sunday, their second weekly rise since security forces broke up a sit-in of supporters of deposed Islamist President Mohammad Mursi.
The average yield on 91-day treasury bills increased to11.613 percent from 11.444 percent at last week’s auction, the central bank said.
The yield on 273-day treasury bills rose to 12.672 percent from 12.413 percent at the August 18 auction.
The central bank sold 2 billion Egyptian pounds ($286m) of the 91-day bills and 4 billion pounds of the 273-day bills, the amounts it had asked for.
More than 900 people were killed, including 100 security officials, when the pro-Mursi sit-ins were dispersed on August 14 and in subsequent protests.
“The instability has definitely affected sentiment,” said one fixed-income trader.
The yield on the three-month bills was 11.261 percent at the August 1l auction, while that on the nine-month bills was 12.386, the trader said.