Egypt’s c.bank to auction EGP 4.75bn in T-bonds 4 January

Cairo – Mubasher: The Central Bank of Egypt said it will issue treasury bonds Monday at a total value of EGP 4.75 billion.

Five-year bonds will be issued at a value reaching EGP 3 billion, while 10-year bonds will be issued at EGP 1.750 billion.

The country's budget deficit widened to EGP 96.7 billion, or 3.4% of gross domestic product (GDP), during the period July - October FY2015/16.

Mubasher Contribution Time: 04-Jan-2016 07:01 (GMT)