The Finance Ministry auctioned on Sunday treasury bills at a total value of EGP 7.5 billion.

In an online statement, the ministry said it sold EGP 3 billion of 91-day T-bills. The average yield was 11.190%, it said, adding it accepted bids at rates between 11.139% and 11.202%.

As for the 266-day T-bills, sold for EGP 4.5 billion, they achieved average revenue of 11.615%, the ministry said, adding it accepted bids at rates between 11.500% and 11.625%.

The Central Bank of Egypt auctions T-bills on behalf of the Finance Ministry.