Arab Today, arab today egp 7bn treasury bills auctioned
Last Updated : GMT 16:55:22
Arab Today, arab today
Arab Today, arab today

EGP 7bn treasury bills auctioned

Arab Today, arab today

Arab Today, arab today EGP 7bn treasury bills auctioned

Central Bank of Egypt
Cairo - MENA

The Finance Ministry on Sunday auctioned treasury bills at a total value of EGP 7 billion.

In an online statement, the ministry said it sold EGP 2.5 billion of 91-day T-bills. The average yield was 11.960%, it said, adding it accepted bids at rates between 10.902% and 11.240%.

As for the 273-day T-bills, sold for EGP 4 billion, they achieved average revenue of 11.474%, the ministry said, adding it accepted bids at rates between 11.290% and 11.530%.

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

 

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