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Egypt Treasury bills · auction of 15 December 2009

Egypt T-bill auction, 15 December 2009: 364-day at 11.42%, up 11 bps

At the Treasury bill auction dated 15 December 2009, the Central Bank of Egypt cleared the 91-day bill at 9.84% (down 23 basis points), the 182-day bill at 10.45% (up 1 basis point) and the 364-day bill at 11.42% (up 11 basis points). The rate shown is the weighted average yield of accepted bids.

Demand was strong: bids totalled EGP 10.4bn against EGP 5.5bn on offer, 190% of the amount sought, and EGP 4.5bn was accepted.

Over the past year the 364-day rate has ranged from 9.72% to 11.97%.

A year earlier the 364-day bill cleared at 11.75%, so the government is paying 33 basis points less than twelve months ago.

What this means for EGP 100,000

Worked from the published rate · information, not advice

EGP 11,417 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 111,417 after 12 months: EGP 11,417 in interest before any withholding tax, about EGP 951 a month.

That is EGP 106 more than the same money would have earned at the previous auction.

For shorter money: EGP 5,227 on the 182-day bill (6 months), EGP 2,460 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

TenorRatePreviousOfferedBidsAccepted
91-day9.841%10.073%EGP 500mEGP 2.55bnEGP 500m
182-day10.453%10.438%EGP 2.00bnEGP 3.81bnEGP 2.00bn
364-day11.417%11.311%EGP 3.00bnEGP 4.07bnEGP 2.03bn

Source: Central Bank of Egypt result · weighted average yield of accepted bids

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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, 15 December 2009, compiled from the Central Bank of Egypt. Retrieved 4 October 2026, from https://www.afronomicsfeed.com/markets/tbills/egypt/2009-12-15

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