Egypt Treasury bills · auction of 3 January 2006
Egypt T-bill auction, 3 January 2006: 364-day at 8.76%, unchanged
At the Treasury bill auction dated 3 January 2006, the Central Bank of Egypt cleared the 182-day bill at 8.60% (up 3 basis points) and the 364-day bill at 8.76% (unchanged). The rate shown is the weighted average yield of accepted bids.
Demand was strong: bids totalled EGP 4.8bn against EGP 2.0bn on offer, 238% of the amount sought, and EGP 2.0bn was accepted.
Over the past year the 364-day rate has ranged from 8.17% to 11.07%.
A year earlier the 364-day bill cleared at 10.85%, so the government is paying 208 basis points less than twelve months ago.
What this means for EGP 100,000
Worked from the published rate · information, not advice
EGP 8,763 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 108,763 after 12 months: EGP 8,763 in interest before any withholding tax, about EGP 730 a month.
That is EGP 2 less than the same money would have earned at the previous auction.
For shorter money: EGP 4,298 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 | 8.595% | 8.567% | EGP 500m | EGP 1.86bn | EGP 500m |
| 364-day | 8.763% | 8.765% | EGP 1.50bn | EGP 2.90bn | EGP 1.50bn |
Source: Central Bank of Egypt result · weighted average yield of accepted bids
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Afronomics (2026). Egypt Treasury bill auction, 3 January 2006, compiled from the Central Bank of Egypt. Retrieved 3 October 2026, from https://www.afronomicsfeed.com/markets/tbills/egypt/2006-01-03
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