Egypt to Raise EGP6 bln T-Bills Tomorrow

Egypt will be offering tomorrow 91-and 266-day treasury bills worth EGP 6 billion, the country’s finance ministry said in a statement.

The Egyptian finance ministry further noted that the 91-day treasury bills are worth EGP 2 billion, whereas 266-day treasury bills are at value of EGP 4 billion.

On Monday, the Egyptian ministry managed to sell treasury bonds with various maturities at values of EGP 4 billion. The ministry had also sold its first 18-month zero-coupon bonds  worth EGP one billion.