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Finance Ministry Auctions EGP 16.2 Bln T-Bills
Source: 6/1/2018

The Ministry of Finance auctioned treasury bills at a total value of EGP 16.25 billion.

In an online statement, the ministry said it sold EGP 7.75 billion of 182-day T-bills with average interest rate hitting 19.08 percent. The yield ranged from 18.59% to 19.12%.

The ministry also sold EGP 8.5 billion of 357-day T-bills that had a coupon of 18.61%. The yield ranged from 18% to 18.7%.

Related Categories: Accounting, Statistics  Economics/Financial Analysis  General  Insurance 

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