MOF Offers EGP 150 mln in T-Bills And Bonds

Ministry of Finance plans to offer treasury bills with four maturity categories; namely 91-day, 182-day, 273-day and 364-day T-bills as well as bonds with four maturity categories namely; 3-year, 5-year, 7-year and 10-year bonds with value of EGP 150 billion at the current quarter (April-June) of FY 2011/2012.

MoF noted that 91-day, 182-day, 273-day and 364-day T-bills are with values of EGP 11 billion, 31 billion, 40 billion and 40.5 billion respectively.

Besides, 3-year bonds (maturing in April) are with value of EGP 10 billion, 5-year-bonds (maturing in April 2017) with value of EGP 7.5 billion, 7-year bonds (maturing in April 2019) with value of EGP 5 billion and 10-year bonds (maturing in April 2022) with value of EGP 5 billion.

It is worth mentioning that MoF offered EGP 485 billion in t-bills and bonds in 9 months from July to March of FY 2011/2012.