{"id":647111,"date":"2017-05-02T04:00:44","date_gmt":"2017-05-02T04:00:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/egypt-cancels-seven-year-treasury-bond-bankers-speculate-rates-were-too-high\/"},"modified":"2017-05-02T04:00:44","modified_gmt":"2017-05-02T04:00:44","slug":"egypt-cancels-seven-year-treasury-bond-bankers-speculate-rates-were-too-high","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/egypt-cancels-seven-year-treasury-bond-bankers-speculate-rates-were-too-high\/","title":{"rendered":"Egypt cancels seven-year treasury bond, bankers speculate rates were too high"},"content":{"rendered":"

<\/a> The central bank cancelled a seven-year treasury bond sale on Sunday, according to Reuters<\/a>. \u201cThe central bank and the finance ministry did not immediately say why the bond auctions were cancelled. But two bankers said most likely the bids from the banks were too high for the finance ministry to accept.\u201d Yields on three-year bonds rose to 17.229% from 17.097% on Sunday as well.<\/p>\n","protected":false},"excerpt":{"rendered":"

The central bank cancelled a seven-year treasury bond sale on Sunday, according to Reuters. \u201cThe central bank and the finance ministry did not immediately say why the bond auctions were cancelled. But two bankers said most likely the bids from the banks were too high for the finance ministry to accept.\u201d Yields on three-year bonds […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9346],"tags":[2376,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-647111","post","type-post","status-publish","format-standard","hentry","category-egypt-politics-economics","tag-egypt-politics-economics","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"3ede075f-e448-4e8f-81a4-582f06661ac1","order":"0","is_powered_by":true,"section_story_id":"6e24836c-814a-4871-8a3d-fa04d0699ba9","story_type":"1","photo_url":"","photo_position":"above","related_issue":[647069],"teaser":"","voice_url":""},"yoast_head":"\nEgypt cancels seven-year treasury bond, bankers speculate rates were too high - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/egypt-cancels-seven-year-treasury-bond-bankers-speculate-rates-were-too-high\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt cancels seven-year treasury bond, bankers speculate rates were too high\" \/>\n<meta property=\"og:description\" content=\"The central bank cancelled a seven-year treasury bond sale on Sunday, according to Reuters. \u201cThe central bank and the finance ministry did not immediately say why the bond auctions were cancelled. But two bankers said most likely the bids from the banks were too high for the finance ministry to accept.\u201d Yields on three-year bonds […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/egypt-cancels-seven-year-treasury-bond-bankers-speculate-rates-were-too-high\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-02T04:00:44+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/egypt-cancels-seven-year-treasury-bond-bankers-speculate-rates-were-too-high\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/egypt-cancels-seven-year-treasury-bond-bankers-speculate-rates-were-too-high\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt cancels seven-year treasury bond, bankers speculate rates were too high\",\"datePublished\":\"2017-05-02T04:00:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/egypt-cancels-seven-year-treasury-bond-bankers-speculate-rates-were-too-high\/\"},\"wordCount\":73,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egypt Politics + Economics\",\"EnterpriseAM\"],\"articleSection\":[\"Egypt Politics + Economics\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/egypt-cancels-seven-year-treasury-bond-bankers-speculate-rates-were-too-high\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/02\/egypt-cancels-seven-year-treasury-bond-bankers-speculate-rates-were-too-high\/\",\"name\":\"Egypt cancels seven-year treasury bond, bankers speculate rates were too high - 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Three-year bond yields fell to 15.504% from 16.518%.","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":625015,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/09\/25\/egypt-cancels-bond-auction-for-the-fourth-consecutive-week\/","url_meta":{"origin":647111,"position":1},"title":"Egypt cancels bond auction for the fourth consecutive week","author":"enterpriseam admin","date":"25 September 2018","format":false,"excerpt":"**#1 Egypt cancels bond auction for the fourth consecutive week: Egypt called off its fourth treasury bond auction in as many weeks on Monday, the Finance Ministry said on Monday. Officials called off sales of five- and 10-year treasury bonds worth EGP 3 bn because of the high yields on\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":641584,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/26\/egypt-bond-yields-drop-115-bps-in-a-week\/","url_meta":{"origin":647111,"position":2},"title":"Egypt bond yields drop 115 bps in a week","author":"enterpriseam admin","date":"26 September 2017","format":false,"excerpt":"The average yields on Egypt\u2019s five- and 10-year government bonds dropped significantly in yesterday\u2019s auction, Reuters reports. The yields on both bonds dropped to 15.00% from 16.15% in the last similar auction. Finance Ministry data notes that the two bond auctions were covered 3.4 and 3.8 times, respectively. CI Capital\u2026","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":642864,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/23\/finance-ministry-to-consolidate-state-bank-accounts-into-tsa-by-end-of-november\/","url_meta":{"origin":647111,"position":3},"title":"Finance Ministry to consolidate state bank accounts into TSA by end of November","author":"enterpriseam admin","date":"23 August 2017","format":false,"excerpt":"The Finance Ministry expects to consolidate all state bank accounts into a Treasury Single Account (TSA) by the end of November 2017, Daily News Egypt reports. The state budget will be linked to the TSA, effectively completing the transition from cash to electronic payments for all state- and budget-related transactions.\u2026","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":653107,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/29\/no-egp-32-5-mn-missing-from-state-coffers-finance-ministry\/","url_meta":{"origin":647111,"position":4},"title":"No EGP 32.5 mn missing from state coffers -Finance Ministry","author":"enterpriseam admin","date":"29 January 2017","format":false,"excerpt":"The Finance Ministry issued a statement denying rumors that EGP 32.5 mn have gone missing from the state coffers from the final balance of FY2014-15. 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