Egypt’s Finance to Offer T-Bonds Worth EGP 3 bln Today

The Egyptian Finance Ministry is offering today 5- and 10- year treasury bonds valued at EGP 3 billion.

Through its official website, the ministry noted that the 5-day treasury bonds are worth EGP 1.5 billion, whereas the 10-year T-bonds are at value of EGP 1.5 billion.

It is worth noting that, the Egyptian finance ministry managed yesterday 1/9/2013 to sell 91- 273 day valued at EGP 6 billion 11.473 %  and 12.457 % respectively.

The government is planning to raise t- bills and bonds with EGP 58.5 billion within the current month.