Cairo - Mubasher: The Central Bank of Egypt (CBE) will offer EGP 13.25 billion in treasury bills on Thursday, according to a statement.
The T-bills will be offered through two tranches; 182-day bills at EGP 6.5 billion, and 364-day bills worth EGP 6.75 billion.
The finance ministry plans to offer T-bills and bonds worth EGP 110.75 billion in July to finance the budget deficit, 25% up from EGP 88.6 billion T-bills offered in July 2016.