Finance Ministry Offers EGP 6 Bln T-Bills

The Egyptian Ministry of Finance offered treasury bills worth EGP 6 billion in an auction on Thursday.

182-day T-bills worth EGP 2.5 billion are offered at an average rate of 12.903%. Yields on 182-day T-bills ranged from 12.819% to 12.94%.

364-day T-bills worth EGP 3.5 billion are offered at an average rate of 13.15%. Yields on 364-day T-bills ranged from 13.201% to 12.5%.

The Central Bank of Egypt (CBE), which sells T-bills on behalf of the Ministry, announced that 182-day and 364-day T-bills worth EGP 6 billion are offered today as well as 91-day and 273-day T-bills worth EGP 4 billion will be offered next Sunday.

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