Finance Ministry auctions T-bills worth LE 20.5 bln

The Ministry of Finance auctioned on Thursday treasury bills at a total value of EGP 20.5 billion. Sun, Mar. 22, 2020
CAIRO - 22 March 2020: The Ministry of Finance auctioned on Thursday treasury bills at a total value of EGP 20.5 billion.

In an online statement, the ministry said it sold 182-day T-bills worth EGP 10 billion, with an average yield of 13.29 percent, according to state news agency, MENA.

The ministry also sold 357-day T-bills valued at EGP 10.5 billion, with an average yield of 13.28 percent.