Egypt’s 5-year bond yield jumps in Monday’s auction
People and vehicles are seen caught in a traffic jam in front of the Central Bank of Egypt's headquarters in downtown Cairo, Egypt, December 21, 2015. REUTERS/Amr Abdallah Dalsh

CAIRO: Egypt’s five-year bond yield jumped at Monday’s auction, data from the central bank showed, continuing a rally in treasury yields since the central bank increased interest rates by 150 basis points this month.

The average yield on the five-year treasury bond jumped to 15.678 percent from 15.050 percent at the last auction on March 14.

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