CAIRO: Egypt’s Ministry of Finance said the central bank sold LE 6 billion ($1.01 billion) in domestic treasury bills on Thursday, the same amount it had offered.
The central bank sold LE 2.5 billion of 182-day T-bills on behalf of the Finance Ministry at an average yield of 12.424 percent, up from 12.385 percent at last week’s auction.
The bank also sold LE 3.5 billion of 364-day T-bills at an average yield of 12.847 percent, down from 12.900 percent at the last issue on July 12.
