Egyptian finance ministry auctions T-bills worth EGP 19 bln

Egypt’s  Finance Ministry auctioned on Thursday treasury bills at a total value of 19 billion Egyptian pounds.

In an online statement, the ministry said it sold 182-day T-bills worth 9.2 billion pounds with an average yield of 17.757 percent.

The yield ranged between 17.9% and 17.389%.

The ministry also sold 364-day T-bills valued at 9.7 billion pounds with an average yield of 17.25 percent.

The yield ranged between 17.38% and 16.891%.

source: Ahram Online