CBE to Raise T-Bills for EGP5.5 Bln Tomorrow

On behalf of Egypt’s Ministry of Finance, the Central Bank of Egypt (CBE) will offer 91- and 266-day treasury bills worth EGP 6 billion tomorrow.

CBE, via its official website, mentioned that 91-day treasury bills are valued at EGP 2.5 billion, whereas the 266-day T-bills amounted to EGP 3 billion.

Last Monday, ministry offered 3- and 7- year treasury bonds at value of EGP 1.3 billion, in addition to one- year t-bill worth US$ 608 million.