Finance Ministry auctions T-bills worth EGP 3.7 bln

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Tue, 05 Nov 2019 - 10:22 GMT

File - Finance Ministry

File - Finance Ministry

CAIRO, Nov 4 (MENA) - The Ministry of Finance auctioned on Monday treasury bills at a total value of EGP 3.75 billion.

In an online statement, the ministry said it sold five-year T-bills worth EGP 2 billion, with an average yield of 14.296 percent.

The ministry also sold 10-year T-bills valued at EGP 1.75 billion, with an average yield of 14.225 percent.

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