Finance Ministry auctions T-bills worth LE 18.7B

CAIRO - 25 August 2019: The Ministry of Finance has auctioned treasury bills at a total value of LE 18.7 billion.

In an online statement on Sunday, the ministry said it sold 91-day T-bills worth LE 9 billion with an average yield of 16.443 percent. The yield ranged between 16.252 percent and 16.482 percent.

It also auctioned 266-day T-bills worth LE 9.7 billion with an average yield of 16.378 percent. The yield ranged from 16.199 percent to 16.43 percent.