Egypt's finance ministry auctions EGP 16.2 bln in T-bonds

Egypt's ministry of finance announced on Sunday it auctioned treasury bills at a total value of EGP 16.250 billion.
In an a statement published on its official website , the ministry said it sold EGP 8.250 billion of 91-days T-bills with an average interest rate of 19.179%.

The yield ranged from 18.988% to 19.279%.

The ministry added that it also sold EGP 8 billion of 273-days T-bills that had a coupon of 19.54%. The yield ranged from 19% to 19.68%