Egypt’s FinMin to Raise T-Bills worth EGP 8 Bln

Egyptian Ministry of Finance will offer 182- and 357-day treasury bills worth EGP 8 billion tomorrow.

Ministry of Finance’s official website mentioned that the first raise was 182-day treasury bills worth EGP 4 billion, while the second raise was 357- day treasury bills worth EGP 4 billion.

Ministry finance succeeded to offer Treasury bill and bonds at value amount of EGP 38.2 billion last May. In addition to that it intends to raise treasury bills and bonds worth EGP 60.5 billion by the end of current June.