The Finance Ministry auctioned on Monday treasury bills at a total value of EGP 1.5 billion.
In an online statement, the ministry said it sold EGP 750 million of five-year T-bills with an average yield of 16.749%, adding it accepted bids at rates between 16.49% and 16.75%.
As for the ten-year T-bills, worth EGP 750 million, they achieved average revenue of 16.75%, the ministry said.
The Central Bank of Egypt auctions T-bills on behalf of the Finance Ministry.

Source: Mena