Egypt Offers 182-, 364-day T-Bills Worth EGP 6.5 Bln

By Administrator On Dec 13, 2012

The Egyptian Ministry of Finance has offered today 182- and 364-day treasury bills worth EGP 6.5 billion.

The 182-day T-bills worth EGP 2.5 billion are offered at an average rate of 13.375%. Yields on 182-day T-bills ranged from 13.151% to 13.50%.

The 364-day T-bills worth EGP 4 billion are offered at an average rate of 13.623%. Yields on 364-day T-bills ranged from 13.249% to 13.689%.

The Central Bank of Egypt, which sells T-bills on behalf of the Finance Ministry, plans to offer 91-day T-bills worth EGP 1.5 billion and 273-day T-bills worth EGP 3.5 billion next Sunday.