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Tuesday, 22 June 2021

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

The ministry said it sold 91-day T-bills worth EGP 11.5 billion with an average yield of 13.105 percent, adding that it accepted bids at rates between 12.9 percent and 13.14 percent

MENA , Sunday 28 Mar 2021
Maait
Egypt's Finance Minister Mohamed Maait (Al-Ahram)
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The Egyptian Ministry of Finance has auctioned treasury bills at a total value of EGP 19 billion.

In an online statement released on Sunday, the ministry said it sold 91-day T-bills worth EGP 11.5 billion with an average yield of 13.105 percent, adding that it accepted bids at rates between 12.9 percent and 13.14 percent.

The ministry added that 273-day T-bills worth EGP 7.5 billion were offered, with an average yield of 13.388 percent, noting that it accepted bids at rates between 13.1 percent and 13.411 percent.

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