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On behalf of Ministry of Finance, Egypt Central Bank (CBE) will be offering treasury bills worth EGP 13 billion next Tuesday, July 2nd.
CBE mentioned in its official website that the t-bills divided into four auctions; EGP 3.5 billon (182- day), EGP 4 billion (357-day), EGP 2.5 billion (91-day) and EGP 3 billion (266-day).
This comes within the frame work of State’s pursuit of bridging the budget deficit which reached EGP 205 billion in last May.