Egypt’s Finance to Offer EGP 5.5 bln T-Bills on Sunday

The Egyptian Finance Ministry will offer tomorrow 91-and 266 day treasury bills worth EGP 5.5 billion.

Throughout its official website, the Ministry has stated that the first offer 91-day worth EGP 2 billion, whereas the second offer which is 266-day worth EGP 3.5 billion.

The total financial outcome from selling treasury bills during the last Thursday offerings reached EGP 6.5 billion, so the attained return is ranging between 10.30% and 11.22%.