Egypt's Finance Ministry auctions T-bills worth EGP 18.2bn

The Ministry of Finance auctioned on Sunday treasury bills at a total value of EGP 18.250 billion.

In an online statement, the ministry said it sold EGP 9.750 billion of 91-day T-bills with an average yield of 19.475%, adding it accepted bids at rates between 19.649 and 19.001%.

It further said that it sold 266-day T-bills at a value of EGP 8.5 billion with an average yield of 19.971%.