Egypt Treasury bills · auction of 11 July 2002
Egypt T-bill auction, 11 July 2002: 91-day at 7.19%, unchanged
At the Treasury bill auction dated 11 July 2002, the Central Bank of Egypt cleared the 91-day bill at 7.19% (unchanged). The rate shown is the weighted average yield of accepted bids.
Demand was strong: bids totalled EGP 1.7bn against EGP 700m on offer, 238% of the amount sought, and EGP 708m was accepted.
What this means for EGP 100,000
Worked from the published rate · information, not advice
EGP 1,799 in 3 months on the 91-day bill
Put EGP 100,000 into the 91-day bill at this auction and you get back EGP 101,799 after 3 months: EGP 1,799 in interest before any withholding tax, about EGP 600 a month.
That is EGP 1 less than the same money would have earned at the previous auction.
The government pays the full amount at maturity; the risk is Egypt’s government not paying, and the money is locked until then.
Results
By tenor
| Tenor | Rate | Previous | Offered | Bids | Accepted |
|---|---|---|---|---|---|
| 91-day | 7.194% | 7.198% | EGP 700m | EGP 1.67bn | EGP 708m |
Source: Central Bank of Egypt result · weighted average yield of accepted bids
Cite or reuse this data
Free to quote, chart and republish with the credit “Source: Afronomics, compiled from the Central Bank of Egypt” and a link to this page.
Afronomics (2026). Egypt Treasury bill auction, 11 July 2002, compiled from the Central Bank of Egypt. Retrieved 4 October 2026, from https://www.afronomicsfeed.com/markets/tbills/egypt/2002-07-11
Free, every weekday at 7:00
The Afronomics Morning
Africa’s markets before 7am: the currencies that moved overnight, the auction results that landed, what is due today and the headlines that matter. Plus the Weekly every Monday.