Egypt 91-day T-bills average yield slips to 9.585 pct

The average yield on Egyptian 91-day treasury bills fell a fraction to 9.585 per cent at an auction on Sunday from 9.597 per cent at last week's auction. The central bank accepted bids for bills worth 2bn Egyptian pounds ($365m), the same amount it was seeking. It accepted bids at rates between 9.451 and 9.636 per cent, compared with 9.451 and 9.665 per cent at the previous auction. The bills are for issue on March 16 and mature on June 15, 2010.