Egypt C.Bank to Raise T-bills Worth EGP13 Bln T.bills Next Tuesday

On behalf of Ministry of Finance, Egypt Central Bank (CBE) will be offering treasury bills worth EGP 13 billion next Tuesday, July 2nd.

CBE mentioned in its official website that the t-bills divided into four auctions; EGP 3.5 billon (182- day), EGP 4 billion (357-day), EGP 2.5 billion (91-day) and EGP 3 billion (266-day).

This comes within the frame work of State’s pursuit of bridging the budget deficit which reached EGP 205 billion in last May.