T-bills

The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 7.5 billion.

In an online statement, the ministry said it sold EGP 3 billion of 91-day T-bills with an average yield of 11.186%, adding it accepted bids at rates between 11.122% and 11.190%.

As for the 273-day T-bills, worth EGP 4.5 billion, they achieved average revenue of 11.604%, the ministry said, adding it accepted bids at rates between 11.550% and 11.620%.

The Central Bank of Egypt auctions T-bills on behalf of the Finance Ministry.