Finance ministry auctions EGP 9bn T-bonds
The Finance Ministry
Cairo - MENA
The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 9 billion.
In an online statement, the ministry said it sold EGP 4.250 billion of 182-day T-bills with an average yield of 12.064%, adding it accepted bids at rates between 11.149% and 11.719%.
As for the 357-day T-bills, worth EGP 4.750 billion, they achieved average revenue of 12.987%, the ministry said, adding it accepted bids at rates between 12.470% and 12%.
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