Egyptian finance ministry auctions EGP 7.5bn T-bonds
Central Bank of Egypt
Cairo - MENA
The Finance Ministry auctioned on Sunday treasury bonds 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. The average yield was 11.061 percent, it said, adding it accepted bids at rates between 10.999 and 11.079 percent.
As for the 266-day T-bills, they were sold for EGP 4.5 billion and achieved average revenue of 11.446 percent, the ministry said, adding it accepted bids at rates between 11.38 and 11.491 percent.
The Central Bank of Egypt auctions T-bills and T-bonds on behalf of the Finance Ministry.
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