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Egypt Treasury bills · auction of 25 June 2019

Egypt T-bill auction, 25 June 2019: 364-day at 17.26%, up 3 bps

At the Treasury bill auction dated 25 June 2019, the Central Bank of Egypt cleared the 91-day bill at 17.72% (up 8 basis points), the 182-day bill at 17.67% (up 8 basis points) and the 364-day bill at 17.26% (up 3 basis points). The rate shown is the weighted average yield of accepted bids.

Demand was strong: bids totalled EGP 42.9bn against EGP 26.5bn on offer, 162% of the amount sought, and EGP 31.9bn 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 18.43%, so the government is paying 116 basis points less than twelve months ago.

What this means for EGP 100,000

Worked from the published rate · information, not advice

EGP 17,263 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 117,263 after 12 months: EGP 17,263 in interest before any withholding tax, about EGP 1,439 a month.

That is EGP 28 more than the same money would have earned at the previous auction.

For shorter money: EGP 8,835 on the 182-day bill (6 months), EGP 4,431 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-day17.724%17.646%EGP 8.50bnEGP 14.39bnEGP 10.46bn
182-day17.669%17.591%EGP 8.75bnEGP 12.56bnEGP 9.89bn
364-day17.263%17.235%EGP 9.25bnEGP 15.98bnEGP 11.54bn

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, 25 June 2019, compiled from the Central Bank of Egypt. Retrieved 4 October 2026, from https://www.afronomicsfeed.com/markets/tbills/egypt/2019-06-25

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