2.3b EGP for treasury bill tenders for 250 days

Egypt's Ministry of Finance has sold 2.325 billion EGP (U.S. $394 million) in treasury bills, the ministry said today.

The ministry’s official website said the average cost benefit of selling treasury bills for 350 days is 12.979 percent. The revenue benefit of 182 days is an average of 12.475 percent.

The ministry also said the maximum cost benefit of the treasury bill of 182 days recorded 12.500 percent, and the minimum cost benefit is 12.400 percent.