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Egypt Treasury bills · auction of 30 April 2019

Egypt T-bill auction, 30 April 2019: 364-day at 17.03%, unchanged

At the Treasury bill auction dated 30 April 2019, the Central Bank of Egypt cleared the 91-day bill at 17.38% (up 14 basis points), the 182-day bill at 17.23% (down 4 basis points) and the 364-day bill at 17.03% (unchanged). The rate shown is the weighted average yield of accepted bids.

The auction was fully subscribed: bids totalled EGP 37.5bn against EGP 25.0bn on offer, 150% of the amount sought, and EGP 24.2bn was accepted.

Over the past year the 364-day rate has ranged from 17.00% to 19.98%.

A year earlier the 364-day bill cleared at 16.84%, so the government is paying 19 basis points more than twelve months ago.

What this means for EGP 100,000

Worked from the published rate · information, not advice

EGP 17,026 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 117,026 after 12 months: EGP 17,026 in interest before any withholding tax, about EGP 1,419 a month.

That is EGP 1 more than the same money would have earned at the previous auction.

For shorter money: EGP 8,614 on the 182-day bill (6 months), EGP 4,344 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-day17.375%17.235%EGP 8.00bnEGP 8.75bnEGP 8.00bn
182-day17.228%17.264%EGP 8.25bnEGP 12.25bnEGP 4.10bn
364-day17.026%17.025%EGP 8.75bnEGP 16.47bnEGP 12.08bn

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, 30 April 2019, compiled from the Central Bank of Egypt. Retrieved 4 October 2026, from https://www.afronomicsfeed.com/markets/tbills/egypt/2019-04-30

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