The Central Bank of Egypt (CBE) will auction 182- and 364-day T-bills worth EGP 7 billion on Thursday.

182- and 364-day T-bills will be offered at EGP 3 billion and EGP 4 billion respectively.

The Finance Ministry stated earlier that issuance of treasury bonds and bills rose to EGP 963.2 billion in the fiscal year 2013/2014, compared with EGP 725.7 billion a year earlier.

Photo Credit: Arabianeye-Reuters