Egypt Treasury bills · auction of 30 June 2020
Egypt T-bill auction, 30 June 2020: 364-day at 13.12%, up 33 bps
At the Treasury bill auction dated 30 June 2020, the Central Bank of Egypt cleared the 91-day bill at 13.29% (up 38 basis points), the 182-day bill at 13.19% (up 29 basis points) and the 364-day bill at 13.12% (up 33 basis points). The rate shown is the weighted average yield of accepted bids.
Demand was strong: bids totalled EGP 44.8bn against EGP 21.5bn on offer, 208% of the amount sought, and EGP 17.0bn was accepted.
Over the past year the 364-day rate has ranged from 12.24% to 17.50%.
A year earlier the 364-day bill cleared at 17.26%, so the government is paying 414 basis points less than twelve months ago.
What this means for EGP 100,000
Worked from the published rate · information, not advice
EGP 13,120 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 113,120 after 12 months: EGP 13,120 in interest before any withholding tax, about EGP 1,093 a month.
That is EGP 328 more than the same money would have earned at the previous auction.
For shorter money: EGP 6,593 on the 182-day bill (6 months), EGP 3,324 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 | 13.294% | 12.917% | EGP 6.50bn | EGP 14.23bn | EGP 6.50bn |
| 182-day | 13.185% | 12.892% | EGP 7.50bn | EGP 16.07bn | EGP 7.59bn |
| 364-day | 13.120% | 12.792% | EGP 7.50bn | EGP 14.51bn | EGP 2.90bn |
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, 30 June 2020, compiled from the Central Bank of Egypt. Retrieved 4 October 2026, from https://www.afronomicsfeed.com/markets/tbills/egypt/2020-06-30
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.