Home MoneyBanks Egypt’s central bank issues treasury bills worth $2.3 bln today

Egypt’s central bank issues treasury bills worth $2.3 bln today

by Yomna Yasser

Egypt’s central bank is issuing Thursday on behalf of the ministry of finance treasury bills worth 10.2 billion Egyptian pounds ($1.1 billion) to fill the country’s state budget deficit.

In a statement on Thursday, the bank said it would raise two treasury bills; the first worth 4.7 billion pounds, to mature in 182 days. The second is at value of 5.5 billion pounds, to mature in 364 days.

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