Finance Ministry auctions T-bills worth LE 19B

CAIRO - 10 May 2020: The Finance Ministry on Sunday auctioned treasury bills at a total value of LE 19 billion.

In an online statement, the ministry said it sold 91-day T-bills worth LE 8.5 billion, with an average yield of 12.542 percent, adding it accepted bids at rates between 12.001 percent and 12.995 percent.

The ministry also sold 266-day T-bills valued at LE 10.5 billion, with an average yield of 12.593 percent, noting that it accepted bids at rates between 12.4 percent and 12.609 percent.