Egyptian government accepts T-Bill auction

Published December 25th, 2000 - 02:00 GMT
Al Bawaba
Al Bawaba

The Central Bank of Egypt announced the acceptable bids for its 182-day T-Bill auction, from which 55 out of 64 bids were accepted with a total face value of LE601.050 million. The annual interest rate ranged between 9.044 percent and 9.123 percent with an average of 9.117 percent. 

 

The Ministry of Finance announced a 91-day T-bill auction with a total face value of LE700 million. The issue date is December 21 and the maturity date is March 22,2001. The final date for bids was December 20. 

 

The Central Bank of Egypt announced the acceptable bids for its 91-day T-Bill auction, from which 49 out of 55 bids were accepted with a total face value of LE700.575 million. The annual interest rate ranged between 9.002 percent and 9.107 percent with an average of 9.090 percent.  

 

Prime Securities S.A.E. 

 

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