FILE - Minister of Finance Mohamed Ma'it FILE - Minister of Finance Mohamed Ma'it

Finance Ministry auctions EGP 17.2 bln T-bonds

Fri, Sep. 7, 2018
CAIRO - 7 September 2018: The Finance Ministry auctioned on Thursday treasury bills at a total value of EGP 17.250 billion.

In an online statement, the ministry said it sold EGP 8.5 billion of 182-day T-bills with an average interest rate hitting 19.435%. The yield ranged from 18.501% to 19.501%.

The ministry also sold EGP 8.75 billion of 357-day T-bills that had a coupon of 19.248%. The yield ranged from 18.9% to 19.299%.
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