Finance Ministry auctions T-bills worth EGP 18bn

The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 18 billion.

In an online statement, the Ministry said it sold 182-day T-bills worth EGP 8.75 billion with an average yield of 17.517 percent. The yield ranged between 17.2% and 17.551%.

The Ministry also sold 375-day T-bills valued at EGP 9.25 billion with an average yield of 17.375 percent. The yield ranged between 17% and 17.41%.

Source: State Information Service Egypt