Finance ministry auctions T-bills worth LE 15bn

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Sun, 27 May 2018 - 01:46 GMT

FILE - CBE

FILE - CBE

CAIRO - 27 May 2018: The Finance Ministry auctioned on Sunday treasury bills at a total value of LE 15 billion.

In an online statement, the ministry said it auctioned 91-day T-bills worth LE 7.5 billion with an average interest rate hitting 19.158 percent. The yield ranged between 19.279 percent and 18.5 percent.

It also auctioned 273-day T-bills worth LE 7.5 billion with an average interest rate hitting 18.931 percent. The yield ranged between 19.03 percent and 18.5 percent.

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