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CBE to offer T-bills worth EGP 1.5bn Monday

CBE to offer T-bills worth EGP 1.5bn Monday
The Central Bank of Egypt

Cairo - Mubasher: The Central Bank of Egypt (CBE) will offer EGP 1.5 billion in treasury bills (T-bills) on Monday, on behalf of the Ministry of Finance.

The T-bills will be offered through two tranches; 5-year bills at EGP 750 million, and 10-year bills worth EGP 750 million.

The finance ministry plans to offer T-bills and bonds worth EGP 105.25 billion in June to finance the budget deficit.