• 19:02
  • Monday ,29 October 2018
العربية

Egypts finance ministry auctions EGP 18.5 bln T-bonds

By-Ahram

Home News

00:10

Monday ,29 October 2018

Egypts finance ministry auctions EGP 18.5 bln T-bonds

The Finance Ministry auctioned on Sunday 91-day and 273-day treasury bonds at a total value of EGP 18.5 billion.

In an online statement, the ministry said it has sold EGP 9.750 billion of 91-day T-bonds with an average yield of 19.709%, adding it accepted bids at rates between 19.724% and 19.001%.
 
As for the 273-day T-bonds, worth EGP 8.750 billion, they achieved average revenue of 19.812%, the ministry said.
 
The yield ranged from 19.84 percent to 19.499 percent.
 
The Central Bank of Egypt auctions T-bonds on behalf of the Finance Ministry.