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The Egyptian Ministry of Finance will offer EGP 4.5 billion worth of treasury bills today. The Ministry said it will offer EGP one billion worth of 91-day T-bills and EGP 3.3 billion worth of 266-day T-bills for sale.
In addition, the Ministry plans to offer 91-,182-,273- and 364-day T-bills and 3-,5-7- and 10-year bonds worth EGP 150 billion by Q2 of FY 2012/2013 in order to finance the aggravated budget deficit which reached EGP 140 billion.
