The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 7 billion.

In an online statement, the ministry said it sold EGP 3 billion of 91-day T-bills with an average yield of 11.432%, adding it accepted bids at rates between 11.402% and 11.461%.

As for the 273-day T-bills, worth EGP 4 billion, they achieved average revenue of 11.816%, the ministry said, adding it accepted bids at rates between 11.74% and 11.84%.

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