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Monday, 06 July 2020

Egypt auctions EGP 15 bln T-bills: Ministry

MENA , Thursday 25 Jun 2020
Mohamed Maait
A file photo of Egypt's finance minister Mohamed Maait (Photo: Al-Ahram)
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The Ministry of Finance auctioned treasury bills at a total value of EGP 15 billion.

In a statement released Thursday, the ministry said it sold 182-day T-bills worth EGP 7.5 billion with average yield of 13.185%, adding it accepted bids at rates between 13.349% and 12.5%.

Also, 364-day T-bills worth EGP 7.5 billion were sold, with average yield of 13.12%, it noted, adding that it accepted bids at rates between 13.291% and 12.5%.

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