The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 7.5 billion.

In an online statement, the ministry said it sold EGP 4.5 billion of 182-day T-bills. 

The average yield was 19.388%, it said, adding it accepted bids at rates between 18.899% and 19.491%.

As for the 364-day T-bills, sold for EGP 6 billion, they achieved average revenue of 19.316%, the ministry said, adding it accepted bids at rates between 18.5% and 19.391%.

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