Finance Ministry auctions T-bills worth LE 18bn

CAIRO - 31 January 2019: The Ministry of Finance auctioned on Thursday treasury bills worth LE18 billion.

In an online statement, the ministry said it sold 182-day T-bills worth LE 8.750 billion with an average yield of 18.362 percent, adding it accepted bids at rates between 18.501 percent and 18.1 bpercent.

It further said that it sold 364-day T-bills valued at LE 9.250 billion with an average yield of 18.133 percent, adding it accepted bids at rates between 18.169 percent and 17.8 percent.