[EBH]

Egypt Sells $2.2 Billion Worth Of Domestic T-bills

Egypt’s central bank reduced the size of a treasury bill auction to 13 billion Egyptian pounds ($2.2 billion) from the planned 15 billion on Monday, suggesting demand for its debt has been hurt by two weeks of political unrest. In its first auction after a week-long bank closure, the central bank sold 7 billion pounds in 91-day bills compared with a planned 8 billion, and 4 billion pounds in 182-day bills ..

http://news.yahoo.com/s/nm/20110207/wl_nm/us_egypt_auction_1

[no-to-illegals]

Do not know, what to think about this one. Interesting (exchange rate), and noted the 15% monetary compensation increase for Egypt government employees, above this posted information.