Egypt Treasury bills · auction of 9 November 2021
Egypt T-bill auction, 9 November 2021: 364-day at 13.25%, up 5 bps
At the Treasury bill auction dated 9 November 2021, the Central Bank of Egypt cleared the 91-day bill at 12.49% (up 5 basis points), the 182-day bill at 12.64% (up 2 basis points) and the 364-day bill at 13.25% (up 5 basis points). The rate shown is the weighted average yield of accepted bids.
Demand was strong: bids totalled EGP 85.6bn against EGP 22.0bn on offer, 389% of the amount sought, and EGP 64.9bn was accepted.
Over the past year the 364-day rate has ranged from 12.67% to 13.38%.
A year earlier the 364-day bill cleared at 13.66%, so the government is paying 41 basis points less than twelve months ago.
What this means for EGP 100,000
Worked from the published rate · information, not advice
EGP 13,253 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 113,253 after 12 months: EGP 13,253 in interest before any withholding tax, about EGP 1,104 a month.
That is EGP 50 more than the same money would have earned at the previous auction.
For shorter money: EGP 6,321 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 | 12.495% | 12.443% | EGP 4.00bn | EGP 20.28bn | EGP 14.97bn |
| 182-day | 12.642% | 12.624% | EGP 3.50bn | EGP 14.22bn | EGP 8.60bn |
| 364-day | 13.253% | 13.203% | EGP 14.50bn | EGP 51.08bn | EGP 41.33bn |
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, 9 November 2021, compiled from the Central Bank of Egypt. Retrieved 3 October 2026, from https://www.afronomicsfeed.com/markets/tbills/egypt/2021-11-09
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.