Egypt’s FinMin Says to Raise EGP6.5 bln T-bills Today

Egypt will be offering today 182-and 357- day treasury bills totaled EGP 6.5 billion, the country’s finance ministry said in a statement.

Egyptian Finance Ministry is set to offer 182-day T-bills at value of EGP 2.5 billion, whereas the 357-day T-bills are worth EGP 4 billion.

The Ministry has managed to sell EGP 10 billion treasury bills and bonds last Monday, October 7th, seeking to raise T-bills and bonds at value of EGP 76 billion within this month.