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Egypt: Finance Ministry to Auction EGP 371B T-Bills, T-Bonds in Q1 of FY 2017/2018
Source: 6/22/2017

The Ministry of Finance said it would auction treasury bills and bonds worth EGP 371 billion during the first quarter of the 2017/2018 fiscal year (July-September).

In statement, the ministry said it would sell 91-day, 182-day, 273-day and 364-day T-bills worth EGP 84, 84.5, 90.5 and 90.5 billion, respectively.

Meanwhile, the ministry said it would auction 3-year bonds (maturing in June 2020), 5-year bonds (maturing in May 2022), 7-year bonds (maturing in May 2024) and 10-year bonds (maturing in May 2027) at EGP 6.25, 5.25, 4.75, and 5.25 billion respectively.

Related Categories: Accounting, Statistics  Economics/Financial Analysis  General  Insurance 

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