ICEC

Egypt FinMin Offering EGP 4.5 bln T-Bonds Today

 Egypt’s finance ministry will be offering today treasury bills worth EGP 4.5 billion through offerings three various maturities .

Egyptian Finance Ministry stated that the first offering 5-year T-bills at values of EGP 1.5 billion and the second offering 10-year worth EGP 1.5 billion, respectively.

The Ministry added that the third offering will be 18-months zero-coupon bonds worth EGP 1.5 billion, so the total offerings of the ministry worth EGP 16.5 billion within the current October, including zero-coupon bonds which worth EGP 3 billion, in addition 3- and 5-year and 7- and 10- year worth EGP 4.5 and 3, 3, 3 billion respectively.

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