Egypt's finance ministry auctions T-bills worth EGP 19 bln

MENA , Friday 2 Aug 2019

Ministry of Finance
File Photo: Egypt's Ministry of Finance (Photo: Al-Ahram)

The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 19 billion.

In an online statement, the ministry said it sold 182-day T-bills worth EGP 9.2 billion with an average yield of 17.757 percent.

The yield ranged between 17.9% and 17.389%.

The ministry also sold 364-day T-bills valued at EGP 9.7 billion with an average yield of 17.25 percent.

The yield ranged between 17.38% and 16.891%.

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