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CBE to offer T-bills worth EGP 13bn Wednesday

CBE to offer T-bills worth EGP 13bn Wednesday
The Central Bank of Egypt

Cairo - Mubasher: The Central Bank of Egypt (CBE) will offer EGP 13 billion in treasury bills (T-bills) on Wednesday, according to a statement.

The T-bills will be offered through three tranches; 182-day bills at EGP 6.25 billion, 364-day bills worth EGP 6 billion, and 7-year bills at 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.