The National Bank of Egypt and Banque Misr issued on Sunday two savings certificates of deposits (CDs) for three years, with fixed yield of 19 percent and another one with a declining yield of 22 percent, central bank's announcement said. The second certificate is disbursing a yield of 22 percent over the first year, 18 percent over the second year, and 16 percent over the third year, the statement mentioned. The issuance of these CDs follows the interest rate hike applied by the Central Bank of Egypt (CBE) on Thursday and coincides with the due dates of the 18 percent annual yield CDs that started on March 19.