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Sunday, 17 November 2019

Egypt's Finance Ministry auctions T-bills worth EGP 18.7 bln

MENA , Monday 26 Aug 2019
Egypt's finance ministry (Al-Ahram)
Views: 1348
Views: 1348

The Ministry of Finance has auctioned treasury bills at a total value of EGP 18.7 billion.

In an online statement on Sunday, the ministry said it sold 91-day T-bills worth EGP 9 billion with an average yield of 16.443 percent. The yield ranged between 16.252% and 16.482%.

It also auctioned 266-day T-bills worth EGP 9.7 billion with an average yield of 16.378%. The yield ranged from 16.199% to 16.43%. 

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