182-, 357-day T-bills auctioned in Egypt
Cairo - MENA
The Finance Ministry auctioned on Wednesday treasurybills at a total value of EGP 6.5 billion.In an online statement, the ministry said it sold EGP 2.5 billion of 182-day T-bills.The average yield was 10.656%, it said, adding it accepted bids at rates between10.5% and 10.689%.As for the 357-day T-bills, they achieved average revenue of 10.791%, the ministrysaid, adding it accepted bids at rates between 10.7% and 10.825%.The Central Bank of Egypt auctions T-bills on behalf of the Finance Ministry.
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