Home MoneyBanks C.bank says Egypt hopes to issue €650mn one-year treasury bill

C.bank says Egypt hopes to issue €650mn one-year treasury bill

by Yomna Yasser

Egypt’s Ministry of Finance plans to sell 650 million euros in one-year euro-denominated treasury bills to local and foreign financial institutions, and the auction deadline is November 13, said the county’s central bank (CBE) on Thursday.

The settlement date is November 14 and the maturity date for issuance is November 13, 2018, the bank said in a statement. Source: Reuters

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