Ministry of Finance offers today EGP 7 billion treasury bills

By Administrator On Mar 1, 2012

Ministry of Finance has offered 182-and-364-days treasury bills in a bid with value of EGP 7 billion. On its website, Ministry of Finance announced the offering of 182-days treasury bills with value of EGP 3.5 billion and 364-days treasury bills with value of EGP 3.5 billion.

The average interest rate of 182-days treasury bills bids reached 14.890%, while the maximum rate is 14.910% and the minimum rate is 14.300%. The average interest rate of 364-days treasury bills bids registered 15.954%, while the maximum rate is 15.974% and the minimum rate is 15.624%.

Central Bank of Egypt (CBE) announced today the offering of treasury bills with value of EGP 10.5 billion in two auctions; the first one is today (182-and-364-days treasury bills with value of EGP 7 billion) and the second is on next Sunday (273-days treasury bills with value of EGP 3.5 billion).

Central Bank of Egypt Egypt's Ministry of Finance