Finance Ministry auctions EGP 13.2 bln T-bills
The Finance Ministry
Cairo - Egypt Today
The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 13.250 billion.
In an online statement, the ministry said it sold EGP 16.5 billion of 91-day bonds with average interest rate hitting 18.826%. The yield ranged from 18% to 18.948%.
It also sold EGP 6.750 billion 273-day bonds that had a coupon of 18.023%. The yield ranged from 17.650% to 17.650%.
The Central Bank of Egypt auctions T-bonds on behalf of the Finance Ministry.
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