Cairo - MENA
The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 7.5 billion.
In an online statement, the ministry said it sold EGP 4.5 billion of 182-day T-bills with an average yield of 19.112%, adding it accepted bids at rates between 18.1% and 19.19%.
As for the 357-day T-bills, worth EGP 3 billion, they achieved average revenue of 18.983%, the ministry said, adding it accepted bids at rates between 18.35% and 19.09%.
The Central Bank of Egypt auctions T-bills on behalf of the Finance Ministry.