Finance ministry auctions T-bills worth LE 14.5bn

CAIRO - 20 May 2018: The Finance Ministry auctioned on Sunday treasury bills at a total value of LE 14.5 billion.

In an online statement, the ministry said it auctioned 91-day T-bills worth LE 7.250 billion with an average interest rate hitting 19.125 percent. The yield ranged between 17.9 percent and 19.221 percent.

It also auctioned 266-day T-bills worth LE 7.250 billion. The yield ranged between 18.3 percent to 18.999 percent.