Finance Ministry auctions T-bills worth 9.5 billion pounds

The Finance Ministry on Thursday auctioned treasury bills at a total value of 9.5 billion pounds.

In an online statement, the ministry said it auctioned 4.5 billion pounds of 182-day T-bills. The average yield was 13.71 percent, it said.

As for the 364-day T-bills, sold for 5 billion pounds, the Ministry said they achieved average revenue of 13.85 percent.

The Central Bank of Egypt auctions T-bills on behalf of the Finance Ministry.