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Thursday, 12 December 2019

Egypt's Finance Ministry auctions T-bills worth EGP 18.2bn

MENA , Monday 3 Dec 2018
Ministry of Finance
File Photo: Egypt's Ministry of Finance (Photo: Al-Ahram)
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 The Ministry of Finance auctioned on Sunday treasury bills at a total value of EGP 18.250 billion.

In an online statement, the ministry said it sold EGP 9.750 billion of 91-day T-bills with an average yield of 19.475%, adding it accepted bids at rates between 19.649 and 19.001%.

It further said that it sold 266-day T-bills at a value of EGP 8.5 billion with an average yield of 19.971%. 

 

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