Egypt Treasury bills · auction of 12 September 2002
Egypt T-bill auction, 12 September 2002: 91-day at 7.13%, down 1 bps
At the Treasury bill auction dated 12 September 2002, the Central Bank of Egypt cleared the 91-day bill at 7.13% (down 1 basis point). The rate shown is the weighted average yield of accepted bids.
Demand was strong: bids totalled EGP 2.2bn against EGP 1.3bn on offer, 171% of the amount sought, and EGP 1.5bn was accepted.
At 7.13%, the 91-day rate is the lowest in the 11 auctions of the past year.
What this means for EGP 100,000
Worked from the published rate · information, not advice
EGP 1,783 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 101,783 after 3 months: EGP 1,783 in interest before any withholding tax, about EGP 594 a month.
That is EGP 2 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 | 7.130% | 7.140% | EGP 1.30bn | EGP 2.22bn | EGP 1.50bn |
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, 12 September 2002, compiled from the Central Bank of Egypt. Retrieved 3 October 2026, from https://www.afronomicsfeed.com/markets/tbills/egypt/2002-09-12
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.