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Egypt Treasury bills · auction of 29 October 2002

Egypt T-bill auction, 29 October 2002: 182-day at 7.12%, unchanged

At the Treasury bill auction dated 29 October 2002, the Central Bank of Egypt cleared the 182-day bill at 7.12% (unchanged). The rate shown is the weighted average yield of accepted bids.

Demand was strong: bids totalled EGP 2.6bn against EGP 1.7bn on offer, 155% of the amount sought, and EGP 1.7bn was accepted.

Over the past year the 182-day rate has ranged from 7.11% to 7.63%.

What this means for EGP 100,000

Worked from the published rate · information, not advice

EGP 3,560 in 6 months on the 182-day bill

Put EGP 100,000 into the 182-day bill at this auction and you get back EGP 103,560 after 6 months: EGP 3,560 in interest before any withholding tax, about EGP 593 a month.

That is the same as 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

TenorRatePreviousOfferedBidsAccepted
182-day7.120%7.120%EGP 1.70bnEGP 2.64bnEGP 1.70bn

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, 29 October 2002, compiled from the Central Bank of Egypt. Retrieved 3 October 2026, from https://www.afronomicsfeed.com/markets/tbills/egypt/2002-10-29

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