Cairo - Arab Today
The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 7.550 billion.
In an online statement, the ministry said it sold EGP 3 billion of 91-day T-bills with an average yield of 11.344%, adding it accepted bids at rates between 11.3% and 11.359%.
As for the 273-day T-bills, worth EGP 4.750 billion, they achieved average revenue of 12.140%, the ministry said, adding it accepted bids at rates between 12.051% and 12.189%.
The Central Bank of Egypt auctions T-bills on behalf of the Finance Ministry.
Source: MENA