Egypt’s FinMin Auctions EGP 7 Bln T-Bills

By Yomna Yasser On Jul 25, 2013

Egypt’s Finance Ministry said it has sold on Thursday 182- and 364-day treasury bills totaled at EGP 7 billion.
The ministry further mentioned via its official website that the 182-day treasury bills are worth EGP 3 billion, recording an average interest rate of 13.327%; while the highest is 13.379% and the lowest is 13.101%.

For the 364-day T-bills, they are valued at EGP 4 billion, reporting an average interest rate of 13.818%; while the highest is 13.880% and the lowest is 13.750%.