Mubasher TV
Contact Us Advertising   العربية

Egypt to launch EUR 610m T-bills in August

Egypt to launch EUR 610m T-bills in August
The settlement of the auction will be on 20 August

Cairo – Mubasher: Egypt is set to launch a EUR 610 million treasury bills on 19 August, according to Reuters.

The settlement of the auction will be on 20 August, with a minimum bid of EUR 100,000, the international news agency added.

On Thursday, the Central Bank of Egypt (CBE) issued treasury bills worth EGP 18.75 billion in collaboration with the Ministry of Finance (MoF), in a way to finance the budget deficit.