Egypt to issue 18.5 billion Egyptian poundsVisits : 50

Egypt to issue 18.5 billion Egyptian pounds

The Central Bank of Egypt (CBE) will issue treasury bills worth LE 18.5 billion on Thursday, in coordination with the Ministry of Finance to finance the budget deficit.

The value of the first offering is 9.25 billion pounds for 182 days, while the second offering is worth 9.25 billion pounds for 357 days, the central bank said on its website.