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.