Cairo-Mubasher: The Central Bank of Egypt (CBE) will issue, in coordination with the Ministry of Finance (MoF), treasury bonds worth EGP 11.5 billion to support the country's state budget deficit.
The first treasury bonds stand at a total value of EGP 6 billion to mature in 91 days, and the second is valued at EGP 5.5 billion and set to mature in 266 days, according to the CBE’s website.
The Egyptian finance ministry says the total budget deficit for the fiscal year 2015-2016 is around EGP 319.46 billion.
