Egypt's finance ministry auctions new T-bills
Egypt's finance ministry
Cairo - MENA
The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 6.5 billion.
In an online statement, the ministry said it sold EGP 2.5 billion of 91-day T-bills. The average yield was 11.022%, it said, adding it accepted bids at rates between 10.999% and 11.05%.
As for the 266-day T-bills, worth EGP 4 billion, they achieved average revenue of 11.205%, the ministry said, adding it accepted bids at rates between 11.15% and 11.22%.
The Central Bank of Egypt auctions T-bills on behalf of the Finance Ministry.
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