Egypt’s Finance to Raise T-bills Worth EGP6.5 bln Tomorrow

The Egyptian Finance Ministry will offer Tomorrow 182- and 357-day treasury bills valued at EGP 6.5 billion.

Through its official website, the ministry noted that the 182-day treasury bills are worth EGP 2.5 billion, whereas the 357-day T-bills are at value of EGP 4 billion.

It is worth noting that, the Egyptian finance ministry managed last Monday to sell 3 and 7 year t-bills worth EGP 3, whereas 3- year t-bills valued at EGP 2 billion at interest rates of 13.630 % and 7 years valued at EGP 1 billion  14.950% respectively.