Arab Finance: The Central Bank of Egypt (CBE) has sold three-month treasury bills (T-bills) valued at EGP 50.309 billion at a weighted average yield of 28.34% in an auction on August 11th, as per data by the central bank.
This value exceeds the targeted amount of EGP 40 billion.
Accepted bids amounted to 389 valued at EGP 50.309 billion, with a weighted average yield of 28.34%.