Egypt’s c.bank to auction EGP 5.250bn in T-bonds 21 Dec

Cairo – Mubasher: The Central Bank of Egypt said it will issue treasury bonds Monday at a total value of EGP 5.250 billion.

A five - year bonds will be issued at a value reaching EGP 3 billion, while 10-year bonds will be issued at EGP 2.250 billion.

The country's budget deficit widened to EGP 78.3 billion, or 2.8% of gross domestic product (GDP), during the first quarter of the fiscal year 2015-2016.

Mubasher Contribution Time: 21-Dec-2015 07:08 (GMT)