Egypt Treasury bills · auction of 6 December 2011
Egypt T-bill auction, 6 December 2011: 91-day at 14.35%, up 9 bps
At the Treasury bill auction dated 6 December 2011, the Central Bank of Egypt cleared the 91-day bill at 14.35% (up 9 basis points). The rate shown is the weighted average yield of accepted bids.
Demand was strong: bids totalled EGP 5.5bn against EGP 2.0bn on offer, 274% of the amount sought, and EGP 2.0bn was accepted.
At 14.35%, the 91-day rate is the highest in the 48 auctions of the past year.
A year earlier the 91-day bill cleared at 8.68%, so the government is paying 567 basis points more than twelve months ago.
What this means for EGP 100,000
Worked from the published rate · information, not advice
EGP 3,587 in 3 months on the 91-day bill
Put EGP 100,000 into the 91-day bill at this auction and you get back EGP 103,587 after 3 months: EGP 3,587 in interest before any withholding tax, about EGP 1,196 a month.
That is EGP 23 more than the same money would have earned 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
| Tenor | Rate | Previous | Offered | Bids | Accepted |
|---|---|---|---|---|---|
| 91-day | 14.348% | 14.258% | EGP 2.00bn | EGP 5.48bn | EGP 2.00bn |
Source: Central Bank of Egypt result · weighted average yield of accepted bids
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Afronomics (2026). Egypt Treasury bill auction, 6 December 2011, compiled from the Central Bank of Egypt. Retrieved 5 October 2026, from https://www.afronomicsfeed.com/markets/tbills/egypt/2011-12-06
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