Egypt’s Finance Auctions EGP3 bln T-bills Today

Egyptian Finance Ministry said it will be offering on Monday 3- and 7-year treasury bills worth EGP 3 billion.
The ministry has further pointed out through its website that the 3-year treasury bills are worth EGP 2 billion, whereas the 7-year treasury bills are at value of EGP one billion as well.

The ministry offered yesterday 91- and 273-day treasury bills worth EGP 6 billion, reporting an average yield of 12.513% for the 91-day t-bills which valued at EGP 2 billion. For the 273-day t-bills worth EGP 4 billion reported an average yield of 13.601%.