Cairo – Mubasher: The Central Bank of Egypt (CBE) would auction Monday treasury bonds worth EGP 500 million on behalf of the Ministry of Finance.
The issuance will be made on two tranches: five-year bonds and ten-year bonds worth EGP 250 each.
In the second quarter of 2016/17, the ministry cut the issuance of debt instrument to EGP 273.6 billion from EGP 324.5 billion set earlier in October.
