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