Egypt raises EGP 12.25bn in T-bills auction

Cairo – Mubasher: The Central Bank of Egypt (CBE) auctioned Sunday treasury bills at a total value of EGP 12.25 billion.

The EGP 6.250 billion T-bills issue was covered 2.3 times at an average yield of 20.338%. Meanwhile, EGP 6 billion worth of T-bills were covered 2.5 times at an average yield of 20.366%, according to a statement released on Monday.

Mubasher Contribution Time: 05-Jun-2017 08:26 (GMT)
Mubasher Last Update Time: 05-Jun-2017 09:03 (GMT)