Egypt Treasury bills · auction of 27 November 2012
Egypt T-bill auction, 27 November 2012: 364-day at 12.90%, down 8 bps
At the Treasury bill auction dated 27 November 2012, the Central Bank of Egypt cleared the 91-day bill at 12.49% (up 20 basis points), the 182-day bill at 12.73% (down 5 basis points) and the 364-day bill at 12.90% (down 8 basis points). The rate shown is the weighted average yield of accepted bids.
Demand was strong: bids totalled EGP 12.3bn against EGP 7.5bn on offer, 164% of the amount sought, and EGP 7.5bn was accepted.
At 12.90%, the 364-day rate is the lowest in the 51 auctions of the past year.
A year earlier the 364-day bill cleared at 14.72%, so the government is paying 182 basis points less than twelve months ago.
What this means for EGP 100,000
Worked from the published rate · information, not advice
EGP 12,901 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 112,901 after 12 months: EGP 12,901 in interest before any withholding tax, about EGP 1,075 a month.
That is EGP 84 less than the same money would have earned at the previous auction.
For shorter money: EGP 6,364 on the 182-day bill (6 months), EGP 3,124 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 | 12.494% | 12.299% | EGP 1.50bn | EGP 1.84bn | EGP 1.50bn |
| 182-day | 12.729% | 12.776% | EGP 2.50bn | EGP 3.90bn | EGP 2.50bn |
| 364-day | 12.901% | 12.985% | EGP 3.50bn | EGP 6.52bn | EGP 3.50bn |
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, 27 November 2012, compiled from the Central Bank of Egypt. Retrieved 4 October 2026, from https://www.afronomicsfeed.com/markets/tbills/egypt/2012-11-27
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.