Finance Ministry auctions T-bills worth 8bn pounds
Central bank Egypt
Cairo - MENA
The Finance Ministry on Thursday auctioned treasury bills at a total value of eight billion pounds.
In an online statement, the ministry said it auctioned 3.5 billion pounds of 182-day T-bills. The average yield was 11.409 percent, it said.
As for the 357-day T-bills, sold for 4.5 billion pounds, the Ministry said they achieved average revenue of 11.619 percent.
The Central Bank of Egypt auctions T-bills on behalf of the Finance Ministry.
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