Egypt Treasury bills · auction of 18 June 2019
Egypt T-bill auction, 18 June 2019: 364-day at 17.23%, down 6 bps
At the Treasury bill auction dated 18 June 2019, the Central Bank of Egypt cleared the 91-day bill at 17.65% (down 4 basis points), the 182-day bill at 17.59% (down 3 basis points) and the 364-day bill at 17.23% (down 6 basis points). The rate shown is the weighted average yield of accepted bids.
Demand was strong: bids totalled EGP 47.7bn against EGP 27.3bn on offer, 175% of the amount sought, and EGP 34.2bn 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 18.31%, so the government is paying 107 basis points less than twelve months ago.
What this means for EGP 100,000
Worked from the published rate · information, not advice
EGP 17,235 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 117,235 after 12 months: EGP 17,235 in interest before any withholding tax, about EGP 1,436 a month.
That is EGP 64 less than the same money would have earned at the previous auction.
For shorter money: EGP 8,796 on the 182-day bill (6 months), EGP 4,412 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 | 17.646% | 17.690% | EGP 8.75bn | EGP 15.20bn | EGP 11.95bn |
| 182-day | 17.591% | 17.621% | EGP 9.00bn | EGP 15.34bn | EGP 10.16bn |
| 364-day | 17.235% | 17.299% | EGP 9.50bn | EGP 17.20bn | EGP 12.04bn |
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, 18 June 2019, compiled from the Central Bank of Egypt. Retrieved 3 October 2026, from https://www.afronomicsfeed.com/markets/tbills/egypt/2019-06-18
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.