Finance Ministry auctions EGP 13.5 bln T-bonds
The Central Bank of Egypt
Cairo - Mena
The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 13.5 billion.
In an online statement, the ministry said it sold EGP 6.5 billion of 182-day T-bills with an average yield of 19.345 %, adding it accepted bids at rates between 19.595% and 18.3%.
As for the 357-day T-bills, worth EGP seven billion, they achieved average revenue of 19.015%, the ministry said. It accepted bids at rates between 19.2 % and 18%.
The Central Bank of Egypt auctions T-bills on behalf of the Finance Ministry.
Source : Mena
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