Egypt C.Bank Offers EGP6 bln T-Bills Today

On behalf of the Egyptian Finance Ministry, the Central Bank of Egypt will be offering today 182- and 364-day treasury bills worth EGP6 billion.

Throughout its official website, the CBE stated that the first offering;182 -day t-bills is at value of EGP2.5 billion, whereas the second offering; the 364-day t-bills amounts to EGP 3.5 billion.

The finance Ministry will be offering government debt instruments to cover the budget deficit of $ 65 billion at the last of November.