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

MENA , Sunday 28 Mar 2021

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

Maait
Egypt's Finance Minister Mohamed Maait (Al-Ahram)

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.

Short link: