FinMin to Raise EGP5.5 bln T-bills in Egypt Today

Egypt will be offering today 91-and 273 day treasury bills totaled EGP 5.5 billion, the ministry said in a statement.

Egyptian Finance Ministry is set to offer 91-day t-bills at value of EGP 2 billion, whereas the 364-day t-bills are worth EGP 3.4 billion.

The Ministry is planning to borrow EGP 15 billion within this week, as it set to borrow EGP 76.5 within October. 2013 through the issuance of treasury bills and bonds.