Egypt to Auction 91, 266-day T-bills worth 5 billion Pounds Sunday

On behalf of the Egyptian Finance Ministry, the Central Bank of Egypt will be auctioning tomorrow government debt instruments totalling EGP 5 million at 91 and 266-day maturities.

Egyptian ministry of finance plans Sunday to raise treasury bills; a 91-day at value of EGP 2 billion in addition to a 266-day worth EGP 3 billion.

It is worth to mention that the Egyptian government intends to auction treasury bonds and treasury bills, amounting to EGP 64 billion within the current month, EGP 70 billion next February and followed by EGP 69 billion during March.