Finance Ministry Offers 182- and 357-day T-Bills Worth EGP 6.5 bn

By Administrator On Mar 22, 2012

Ministry of Finance has announced on Thursday selling 182-and 357-day treasury bills worth EGP 6.5 billion in an auction.
The 182-day T-bills are in value to EGP 3 billion and 357-day T-bills are in value to EGP 3.5 billion.

The average interest rate of 182-day T-bills registered 14.799%, while maximum interest rate recorded 14.87% and the minimum interest rate recorded 14.501%.

The average interest rate of 357-day T-bills registered 15.768%, while the maximum interest rate recorded 15.8% and the minimum interest rate recorded 15.689%.

Central Bank of Egypt announced today offering 182 and 357-day T-bills worth EGP 6.5 billion in an auction on Thursday and 266-day T-bills worth EGP 3.5 billion in an auction on next Sunday.