Finance Ministry auctions LE 15.7B T-bonds

CAIRO - 29 March 2018: The Finance Ministry auctioned on Thursday treasury bills at a total value of LE15.750 billion.

In an online statement, the ministry said it sold LE 7.5 billion of 182-day T-bills with an average yield of 17.569 percent, adding it accepted bids at rates between 17.619 percent and 17.401 percent.

As for the 364-day T-bills, worth LE 8.250 billion, they achieved average revenue of 16.559 percent, the ministry said.

It accepted bids at rates between 16.6 percent and 16.251 percent.