Egypt : Finance Ministry auctions LE 23B T-bills

  • 13 October 2020 / News / 52 / Khaled Zaki


Egypt : Finance Ministry auctions LE 23B T-bills

CAIRO - 12 October 2020: The Finance Ministry auctioned on Monday treasury bills at a total value of LE 23 billion.

In a statement, the ministry said it sold 91-dCAIRO - 12 October 2020: The Finance Ministry auctioned on Monday treasury bills at a total value of LE 23 billion.

In a statement, the ministry said it sold 91-day T-bills worth LE 8 billion with an average yield of 13.212 percent, adding it accepted bids at rates between 13.259 percent and 12.999 percent.

The ministry added that 273-day T-bills worth LE 11 billion were offered, with an average yield of 13.351 percent, noting that it accepted bids at rates between 13.39 percent and 13.25 percent.
 Also, 7-year T-bills worth LE 4 billion were offered, with an average yield of 14.556 percent, noting that it accepted bids at rates between 14.6 percent and 14.51 percent.ay T-bills worth LE 8 billion with an average yield of 13.212 percent, adding it accepted bids at rates between 13.259 percent and 12.999 percent.



The ministry added that 273-day T-bills worth LE 11 billion were offered, with an average yield of 13.351 percent, noting that it accepted bids at rates between 13.39 percent and 13.25 percent.
 

Also, 7-year T-bills worth LE 4 billion were offered, with an average yield of 14.556 percent, noting that it accepted bids at rates between 14.6 percent and 14.51 percent.


source: egypttoday

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