Egypt Treasury bills · auction of 22 February 2005
Egypt T-bill auction, 22 February 2005: 364-day at 9.53%, down 14 bps
At the Treasury bill auction dated 22 February 2005, the Central Bank of Egypt cleared the 182-day bill at 9.11% (down 3 basis points) and the 364-day bill at 9.53% (down 14 basis points). The rate shown is the weighted average yield of accepted bids.
Demand was strong: bids totalled EGP 3.4bn against EGP 1.5bn on offer, 229% of the amount sought, and EGP 1.5bn was accepted.
At 9.53%, the 364-day rate is the lowest in the 23 auctions of the past year.
What this means for EGP 100,000
Worked from the published rate · information, not advice
EGP 9,525 in 12 months on the 364-day bill
Put EGP 100,000 into the 364-day bill at this auction and you get back EGP 109,525 after 12 months: EGP 9,525 in interest before any withholding tax, about EGP 794 a month.
That is EGP 136 less than the same money would have earned at the previous auction.
For shorter money: EGP 4,556 on the 182-day bill (6 months).
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 |
|---|---|---|---|---|---|
| 182-day | 9.111% | 9.145% | EGP 500m | EGP 931m | EGP 500m |
| 364-day | 9.525% | 9.661% | EGP 1.00bn | EGP 2.50bn | EGP 1.00bn |
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, 22 February 2005, compiled from the Central Bank of Egypt. Retrieved 5 October 2026, from https://www.afronomicsfeed.com/markets/tbills/egypt/2005-02-22
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.