91-day, 273-day T-bills auctioned

GMT 15:55 2016 Sunday ,21 February

Arab Today, arab today 91-day, 273-day T-bills auctioned

The Finance Ministry
Cairo - Arab Today

The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 7.550 billion.

In an online statement, the ministry said it sold EGP 3 billion of 91-day T-bills with an average yield of 11.344%, adding it accepted bids at rates between 11.3% and 11.359%.

As for the 273-day T-bills, worth EGP 4.750 billion, they achieved average revenue of 12.140%, the ministry said, adding it accepted bids at rates between 12.051% and 12.189%.

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

Source: MENA

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