Egypt Treasury bills · auction of 27 February 2007
Egypt T-bill auction, 27 February 2007: 364-day at 8.75%, down 5 bps
At the Treasury bill auction dated 27 February 2007, the Central Bank of Egypt cleared the 91-day bill at 8.37% (down 10 basis points), the 182-day bill at 8.45% (down 15 basis points) and the 364-day bill at 8.75% (down 5 basis points). The rate shown is the weighted average yield of accepted bids.
Demand was strong: bids totalled EGP 5.5bn against EGP 1.5bn on offer, 367% of the amount sought, and EGP 1.5bn was accepted.
Over the past year the 364-day rate has ranged from 8.08% to 10.21%.
A year earlier the 364-day bill cleared at 8.16%, so the government is paying 59 basis points more than twelve months ago.
What this means for EGP 100,000
Worked from the published rate · information, not advice
EGP 8,750 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 108,750 after 12 months: EGP 8,750 in interest before any withholding tax, about EGP 729 a month.
That is EGP 55 less than the same money would have earned at the previous auction.
For shorter money: EGP 4,227 on the 182-day bill (6 months), EGP 2,093 on the 91-day bill (3 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 |
|---|---|---|---|---|---|
| 91-day | 8.372% | 8.471% | EGP 500m | EGP 2.11bn | EGP 500m |
| 182-day | 8.454% | 8.607% | EGP 500m | EGP 1.46bn | EGP 500m |
| 364-day | 8.750% | 8.805% | EGP 500m | EGP 1.93bn | EGP 500m |
Source: Central Bank of Egypt result · weighted average yield of accepted bids
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Afronomics (2026). Egypt Treasury bill auction, 27 February 2007, compiled from the Central Bank of Egypt. Retrieved 4 October 2026, from https://www.afronomicsfeed.com/markets/tbills/egypt/2007-02-27
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