Egypt's finance ministry auctions EGP 18.7 bln in T-bonds

MENA , Monday 22 Jul 2019

Finance Ministry
A file photo of the HQ of the finance ministry in Cairo (Photo: Al-Ahram)

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The Ministry of Finance auctioned on Sunday treasury bonds at a total value of EGP 18.750 billion.

In an online statement, the ministry said it auctioned 91-day T-bonds worth EGP 9 billion, with an average yield of 17.742%. The yield ranged from 17.441% to 17.891%.

It also auctioned 273-day T-bonds worth EGP 9.750 billion with an average yield of 17.642%. The yield ranged from 17.251% to 17.82%.

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