Finance Ministry auctions T-bills worth LE 21B

CAIRO - 30 April 2020: The Finance Ministry on Thursday auctioned treasury bills at a total value of LE 21 billion.

In an online statement, the ministry said it sold 182-day T-bills worth LE 10 billion, with an average yield of 12.583 percent, adding it accepted bids at rates between 12.251 percent and 12.64 percent.

The ministry also sold 364-day T-bills valued at LE 11 billion, with an average yield of 12.599 percent, noting that it accepted bids at rates between 12.2 percent and 12.65 percent.