Finance Ministry auctions T-bills worth 8 bn pounds
Egypt's Finance Minister Hany Qadry
Cairo - Arab Today
The Finance Ministry on Thursday auctioned treasury bills at a total value of eight billion pounds.
In an online statement, the ministry said it auctioned 3.5 billion pounds of 182-day T-bills. The average yield was 11.410 percent, it said.
As for the 364-day T-bills, sold for 4.5 billion pounds, the Ministry said they achieved average revenue of 11.617 percent.
The Central Bank of Egypt auctions T-bills on behalf of the Finance Ministry.
Source: MENA.
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