CBE to issue t-bonds, t-bills worth 11.85 billion Egyptian pounds in two days

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Egypt’s central bank will issue Sunday and Monday treasury bills and treasury bonds totalling 11.85 billion Egyptian pounds ($629 million).

On behalf of Ministry of Finance, the central bank will offer on Sunday two treasury bills; the first is worth 5.75 billion pounds, to mature in 91 days. The second will be at value of 5.25 billion pounds, to mature in 266 days.

For Monday, CBE is set to issue two treasury bonds; the first will be worth 500 million billion pounds, to mature in three years. The second will amount to 350 million pounds, to mature in 7 years.